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Lebanese protests will tighten the economic trap

Location:

LEBANON

Lebanon’s debt is reaching unsustainable levels, meaning politicians can no longer delay addressing longstanding structural fiscal and current account deficits. However, public…

IMF may stop contributing to Greek bailout

Location:

GREECE/INT

The second phase of the current bailout, extended until end-June, foresees a final installment of 7.2 billion euros (8.2 billion dollars) in exchange for fiscal and structural…

Draft budget will increase Greek taxpayers' burden

Location:

GREECE

Clearing state arrears to the private sector depends on the quartet of international creditors' timely disbursement of financial assistance tranches. The finance ministry is in…

Ghana's IMF bailout to persist despite souring ties

Location:

GHANA

Earlier this month, the government passed a bill allowing for central bank financing of the budget deficit, contravening a core requirement in its agreement with the Fund. Earlier…

Greece’s political and economic prospects are fragile

Location:

GREECE

Thus ends eight years of economic policy oversight by the ECB, European Stability Mechanism and IMF, in exchange for some 275 billion euros (315 billion dollars) in soft loans…

Greece's Syriza may soften policy to form coalition

Location:

GREECE

Voters may return a left-leaning coalition led by the Coalition of the Radical Left (Syriza), which has pledged to renegotiate the country's massive debt and roll back many of the…

Ukraine issues costly bond as it hopes for IMF funds

Location:

UKRAINE

These payments come shortly after the ministry placed a 725-million-dollar, six-month Eurobond with private investors. The government seems to have had no alternative to this…

Economy will preoccupy new Thai government

Location:

THAILAND

Outlook for Thailand's new government.

East Africa's ambitious railway faces project risks

Location:

EAST AFRICA

Outlook for East Africa's standard-gauge railway.

Ukraine debt restructuring will be very problematic

Location:

UKRAINE

The economy is weak and needs financial support. Debt restructuring is part of Ukraine's new IMF extended fund facility (EFF) programme, which itself should unlock a larger rescue…