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New bank may emerge in Cyprus

Location:

CYPRUS

The CCB is the second-largest lender in Cyprus. A range of scenarios are possible: the sale of all the CCB's assets, failure to sell any of it and a rapid resolution, or else a…

Ethiopia's forex crunch will aggravate reform pressure

Location:

ETHIOPIA

The government hopes this plan will above all inject fresh foreign currency into the cash-starved economy. Recently, it has had to manage its dwindling foreign exchange (forex…

Turkey’s illiberal economic model will extend further

Location:

TURKEY

Erdogan spoke with pride of imposing additional customs duties to protect domestic industries, cheapening credit and launching a national car project. Economic policies are…

Angola mounting debt burden raises future default risk

Location:

ANGOLA

The IMF's willingness to turn a blind eye may enable Angola to retain access to concessional finance over the next 18 months; however, Luanda needs a plan to address deferred…

Prior actions passed will unlock Greek bailout cash

Location:

GREECE

This allowed the Eurogroup of euro-area finance ministers to authorise the release of 12 billion euros (12.8 billion dollars) from the latest bailout package of 86 billion -- 2…

Time is running out for amending Greek bailout

Location:

GREECE

The left-right Greek coalition of Syriza and Independent Greeks took office late in January committed to ending the rigours of the country's bailout programme. However, euro-area…

Greek debt deal will bring fresh elections soon

Location:

GREECE

The new programme will support recapitalisation of the banking system, allow orderly -- rather than fire-sale -- divestment of state-owned assets and promote liberalisation of the…

Greek election may not bring stability

Location:

GREECE

Radical leftist Syriza and centre-right New Democracy (ND) are neck-and-neck as they near the September 20 election finishing-line. Neither has viable solutions for Greece's…

New investments will not stabilise Ethiopia’s economy

Location:

ETHIOPIA

The government hopes to benefit from the flattening of the COVID-19 pandemic and a relative calm in the Tigray conflict to push ahead with its flagship privatisation programme…

Long-term challenges cloud Ethiopia’s economic reforms

Location:

ETHIOPIA

Outlook for Ethiopia's economic reforms.