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Hungary will ramp up efforts to attract FDI

Location:

HUNGARY

The Hungarian government is pursuing foreign direct investment (FDI) to cover some of the gaps created by the freezing of EU aid on rule-of-law grounds. Asian investors are being…

Egypt's budget sets ambitious revenue targets

Location:

EGYPT

The budget envisages an overall deficit of 7% of GDP, revised upwards from an earlier draft because of the effects of devaluation and higher interest rates on public debt…

Turkey’s policy uncertainty will worry investors

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TURKEY

The limited rate hike (annual core inflation is running at 47%) has undermined foreign investors’ hopes that President Recep Tayyip Erdogan’s new economic team would be free to…

Ruto will try to broaden Kenya’s trade ties

Location:

KENYA

Nairobi also says it expects a US-Kenya free trade agreement (FTA) to be finalised by April 2024, while the government has promised various tax and other incentives to foreign…

State asset sales will boost Romanian capital market

Location:

ROMANIA

The sale is the largest initial public offering (IPO) in Europe this year and the largest on the Bucharest Stock Exchange (BVB). It has attracted new investors and increased…

Sanctions will increase risks for Russian economy

Location:

RUSSIA

However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…

Brunei will step up efforts to diversify economy

Location:

BRUNEI

The IMF recently recommended structural reforms to bolster the economy, which has struggled to recover from the impact of the COVID-19 pandemic. Brunei has long been reliant on…

Aspects of EU-Canada free trade deal are in jeopardy

Location:

FRANCE/EU/CANADA

FRANCE/EU/CANADA: CETA ratification hits obstacles

Latvia’s unwieldy new government will be reform-averse

Location:

LATVIA

Latvia’s second female prime minister leads an ideologically diverse coalition led by her centrist New Unity (JV) party, and including the left-wing Progressives (PRO) and the…

Turkey’s dependence on Gulf investment will grow

Location:

TURKEY/GULF

The trip came just a few weeks after his victory in the presidential and parliamentary elections in May. The tour was part of Turkey’s push to improve ties with regional countries…