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Greek banks have shed bad debt but remain vulnerable

Location:

GREECE

Stronger balance sheets will reduce systemic risk in the sector. Efficient financial intermediation by Greek banks is a vital requirement for achieving economic growth targets in…

Plan to clear Greek banks’ bad debt looks feasible

Location:

GREECE

Efforts to cleanse banks’ loan portfolios.

Consumer debt risk becomes Russian political dilemma

Location:

RUSSIA

Rising consumer debt in Russia.

Romania's tax collection inefficiencies will persist

Location:

ROMANIA

Romania’s failings in VAT collection.

Bad Greek debt must be cleared for growth to start

Location:

GREECE

Banks' bad debts.

Cypriot bank consolidation may help reduce bad loans

Location:

CYPRUS

The move raises Hellenic Bank’s market share and considerably improves its asset quality, and followed an announcement by market leader Bank of Cyprus on August 28 that it had…

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…

East African states will try to raise fiscal revenues

Location:

EAST AFRICA

EAST AFRICA: States will try to tax informal sector

South Africa faces fiscal reform challenges

Location:

SOUTH AFRICA

However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.

The Gaza war will worsen Jordan’s long-term debt risk

Location:

JORDAN

He was speaking at the signing ceremony for the first USD845mn grant bolstering the national budget, under a new agreement signed this year. The Gaza war has exacerbated concerns…