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Eastern Europe’s further convergence needs a reset

Location:

EASTERN EUROPE

The Visegrad Four (V4) -- Czechia, Hungary, Poland and Slovakia -- have been widely regarded as an economic success in post-transition European integration, global value-chain…

Recovery will depend on Greek cooperation with lenders

Location:

GREECE

Greece’s relationship with its creditors.

Hungary's return to investment grade is likely in 2016

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HUNGARY

Moody's, another agency which also rates Hungary one notch below investment grade, has just raised its outlook on Hungary's rating to 'positive' from 'stable'. Hungary's…

Russia to survive but not thrive on current sanctions

Location:

RUSSIA

The government insists it can ride out broader US and EU sanctions dating from 2014, a view supported by the Standard & Poor's (S&P) rating agency's July assessment that the…

Romania hopes to surmount virus’s expected second wave

Location:

ROMANIA

Government measures to support workers and companies seem to have worked. With closer state-corporate dialogue established, surveys and some data give grounds for measured…

Rome-Brussels confrontation to go beyond 2019 budget

Location:

ITALY/EU

That plan -- sent to the Commission on October 15 -- encompasses a significant fiscal easing. The Italian government must reply by October 22.

Another rating upgrade is likely for Hungary soon

Location:

HUNGARY

Hungary thereby regains investment-grade status, albeit at the lowest level, from being downgraded to 'junk' because of doubts about the government's policies and the high public…

Euro-area fiscal policies will not find common ground

Location:

EURO-AREA

This follows the submission by euro-area countries of their 2016 draft budgetary plans (DBPs), in compliance with the Stability and Growth Pact (SGP). The Commission will release…

UK FTA offers Australia political not economic boost

Location:

AUSTRALIA

Reaching an agreement with the UK government will support Australia’s efforts to secure new markets for goods affected by political tensions with China, but early benefits once…

Kosovo’s switch to renewable energy will be slow

Location:

KOSOVO

The strategy envisages the installation of 1,600 megawatts of renewable power generation capacity as well as investment into coal. Soaring prices and electricity shortages are…