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1 – 10 of 49However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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The unexpected decision adds significant momentum to Central Europe’s monetary easing campaign, which began in May when Hungary’s National Bank (MNB) reduced its benchmark rate…
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DOI: 10.1108/OXAN-DB282310
ISSN: 2633-304X
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UKRAINE: Improving economy will let rate cuts start
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DOI: 10.1108/OXAN-ES280884
ISSN: 2633-304X
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Russia’s invasion of Ukraine cut the supply of major staples to the Baltic states and the Visegrad Four (V4: Czechia, Hungary, Poland and Slovakia). Local factors, such as import…
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DOI: 10.1108/OXAN-DB275141
ISSN: 2633-304X
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After implementing its anti-inflationary stabilisation programme in 1993, Croatia recorded stable and modest inflation rates. That changed in 2022, when inflation accelerated…
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DOI: 10.1108/OXAN-DB275035
ISSN: 2633-304X
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Local investors have used Turkey’s stock market as a hedge against the country’s runaway inflation and government attempts to 'lira-ise' the economy. The market's strong…
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DOI: 10.1108/OXAN-DB275691
ISSN: 2633-304X
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HUNGARY: High core inflation may delay rate cuts
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DOI: 10.1108/OXAN-ES276611
ISSN: 2633-304X
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Since its introduction in February, the local real-time gross settlement (RTGS) dollar, a de facto new local currency, has lost over 60% of its value relative to the US dollar on…
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DOI: 10.1108/OXAN-DB244607
ISSN: 2633-304X
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TURKEY: Political pressure on Central Bank will stay
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DOI: 10.1108/OXAN-ES207497
ISSN: 2633-304X
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This followed two days after Finance Minister Tito Mboweni’s Medium Term Budget Policy Statement (MTBPS), which offered an honest assessment of the steep deterioration in the…