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1 – 10 of 18A Central Bank regulation reaffirming the euro as sole legal tender has alarmed Kosovo’s Serbs who see it as a direct threat to their existence and is jeopardising already complex…
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DOI: 10.1108/OXAN-DB285888
ISSN: 2633-304X
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The largest annual rise was for food, by 30.9% (3.3% month-on-month). Many Hungarians are expecting their living standards to decline, with costs rising also for some public…
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DOI: 10.1108/OXAN-DB272664
ISSN: 2633-304X
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Days before this announcement, the government asked Congress to approve a primary deficit of up to 96.65 billion reais (some 1.5% of GDP) for this year. The sharp deterioration in…
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 bill forecasts a fall in the primary deficit next year, mainly due to an expected drop in COVID-19-related welfare payments. The government also aims to boost public works to…
EMDC debt distress.
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DOI: 10.1108/OXAN-DB253173
ISSN: 2633-304X
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It has fallen from about 6.50 at end-March and 5.95 at end-2019. There is speculation about a possible balance of payments crisis due to the COVID-19 pandemic, economic…
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DOI: 10.1108/OXAN-DB251995
ISSN: 2633-304X
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It includes large federal stimulus spending to spur economic growth and to alleviate the worst impacts of the collapse in global commodity prices, particularly oil. The budget…
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DOI: 10.1108/OXAN-DB210194
ISSN: 2633-304X
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Doubts over the extent of recovery from a double-digit contraction this year are complicating efforts to renegotiate debt with the IMF and present a plausible economic policy…
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DOI: 10.1108/OXAN-DB257353
ISSN: 2633-304X
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With the economy expected to contract by at least 5.4% this year, government measures to cushion the effects of the crisis are unlikely to be enough to stem worsening hardship for…