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1 – 10 of 24The economic rebound from a 9% contraction in 2020 is mainly being driven by strong domestic demand supported by accommodative fiscal policies and higher-than-expected tourism…
The explanation lies in a government scheme offering subsidised mortgages, which drew prospective buyers to move faster than they might otherwise have done. While housing demand…
This is close to the ceiling of the target band of 2.25-5.25% set for this year. In response, the Central Bank last week raised its benchmark interest rate from a record low of…
The official baseline is for an 8.2% GDP contraction in 2020, and a 7.5% rebound in 2021. It took into account moderate restrictions on movement in winter 2020/21, but the…
TURKEY: Government's latest package may not save lira
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DOI: 10.1108/OXAN-ES216598
ISSN: 2633-304X
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The stock of EM debt has multiplied since 2000, accompanied by legal difficulties for borrowers falling into distress. Some economists are calling for a complete overhaul of the…
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DOI: 10.1108/OXAN-DB259074
ISSN: 2633-304X
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COVID-19 UK economic impact.
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DOI: 10.1108/OXAN-DB251567
ISSN: 2633-304X
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So far, state-sector price controls and price caps on food and private markets have prevented runaway inflation. However, producers are withholding goods or selling on the black…
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DOI: 10.1108/OXAN-DB260020
ISSN: 2633-304X
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Stronger balance sheets will reduce systemic risk in the sector. Efficient financial intermediation by Greek banks is a vital requirement for achieving economic growth targets in…
The country’s successful two-month lockdown ended on May 13. Bulgaria has raised its debt ceiling fivefold for this year and plans to sell debt on international markets…