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New Greek government right or left will undo austerity

Location:

GREECE

The Syriza government, trailing by a margin of around 10 percentage points (pp), has abandoned its commitment to creditors to reduce pensions and taxes in exchange for debt relief…

Iraqi 2021 polls may help Sadrists but hurt austerity

Location:

IRAQ

This follows the finalisation in October of a new electoral law introducing a higher degree of proportional representation (PR), and fraught parliamentary agreement on…

Greece to seek end of austerity, not euro membership

Location:

GREECE

Greece's government and voters have delivered a punishing blow to euro-area policies. However, the underlying dilemmas remain unchanged: whether creditors will countenance debt…

Greek debt deal may split Syriza leading to elections

Location:

GREECE

After months of trying to abide by its election promises to end six years of austerity, the Syriza-led coalition government has capitulated to creditor demands and proposed 8…

Ukraine president gains from economic data and policy

Location:

UKRAINE

The decision to reduce gas prices -- a gift to President-elect Volodymyr Zelensky, as it chimes with the anti-austerity messaging of his election campaign -- and not to raise…

Prospects for Brazil in 2016

Location:

PROSPECTS 2016

Prospects for Brazil in 2016.

Greek coalition will start to fray in late 2018

Location:

GREECE

The coalition government of left-wing Syriza and right-wing nationalist Independent Greeks (Anel) significantly lags behind the conservative opposition New Democracy (ND) party in…

QE will stem euro-area contagion from Greece for now

Location:

EURO-AREA

The likelihood of financial contagion from Greece.

Political and fiscal reforms will be slow in Bahrain

Location:

BAHRAIN

The country has struggled with internal unrest for decades, and the government ensured that opposition representatives were prevented from standing in the election. Despite the…

Zimbabwe economic crisis may escalate further

Location:

ZIMBABWE

Since the abandonment of the multi-currency regime in June, the new Zimbabwe dollar has lost almost 60% of its value relative to the US dollar. The parallel market for foreign…