Search results
1 – 9 of 9Hungary’s financial and economic woes are deepening amid a second wave of COVID-19 infections, which is undermining business and consumer confidence, and threatening to derail the…
Details
DOI: 10.1108/OXAN-DB257096
ISSN: 2633-304X
Keywords
Geographic
Topical
The economic damage caused by the COVID-19 pandemic will be less severe than in other parts of Latin America. It is nevertheless weighing on activity, with structural weaknesses…
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…
MEXICO: Major contraction likely in second quarter
Details
DOI: 10.1108/OXAN-ES252652
ISSN: 2633-304X
Keywords
Geographic
Topical
Partial or complete lockdowns are taking a heavy toll on activity, with a pronounced impact on construction (down 70.5%), manufacturing (down 29.5%), hotels and restaurants (down…
During January-September, amid restrictions and social distancing, the economy contracted by just 4.6% year-on-year, helped by the resilience of certain sectors and supportive…
Details
DOI: 10.1108/OXAN-DB257601
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
Details
DOI: 10.1108/OXAN-DB256305
ISSN: 2633-304X
Keywords
Geographic
Topical
With the lira at a record low, the Central Bank continued to tighten monetary policy this week, funding the market through competitive one-month repo tenders at rates of around…
Details
DOI: 10.1108/OXAN-DB256710
ISSN: 2633-304X
Keywords
Geographic
Topical
Efforts to tackle financial problems at state-owned coal miner Polska Grupa Gornicza (PGG) were deferred during the two-year election cycle which ended in July. PGG faces the…