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Virus impact will make Bulgaria keener to adopt euro

Location:

BULGARIA

The country’s successful two-month lockdown ended on May 13. Bulgaria has raised its debt ceiling fivefold for this year and plans to sell debt on international markets…

COVID-19 may hit less resilient EU eastern areas more

Location:

EU

At least in the EU’s eleven eastern member states (EU-11), there has been significant if slow progress in lifting standards of living across the board in the past decade…

Unending war clouds Ukraine's economic future

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UKRAINE

The war is severely disrupting economic activity in Ukraine as infrastructure is destroyed, populations uprooted and trade routes disrupted. Despite anticipated international…

Israeli settlements will survive boycott efforts

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ISRAEL/PALESTINIANS

Meanwhile, Airbnb, the online vacation-rental service, announced in November it would no longer carry listings by Israeli settlers.

Mozambique-Tanzania border insecurity likely to worsen

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MOZAMBIQUE/TANZANIA

The attacks successfully targeted the Tanzanian armed forces, as well as civilians. The incidents have prompted the announcement of enhanced collaboration on security between the…

Turkish government aims to promote domestic production

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TURKEY

The Eleventh Development Plan for 2019-23.

Lifting COVID-19 measures may hit resilient eastern EU

Location:

EU

Available second-quarter data indicate a shallower recession in most of the eleven eastern EU member states (EU-11) than the rest of the EU in January-June. This may be due to a…

Syria reconstruction prospects may deteriorate further

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SYRIA

In fact, ten years after that conflict started, with President Bashar al-Assad still in control of two-thirds of the country, no foreign state shows any sign of making a major…

G20 countries will adopt new corporate tax accord

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INTERNATIONAL

The rulings come as the EU advances legislation to increase transparency on corporate tax rulings and after the G20 on October 9 endorsed the new OECD Base Erosion and Profit…

Greek GDP growth in 2022 will rely on EU recovery aid

Location:

GREECE

The economic rebound from a 9% contraction in 2020 is mainly being driven by strong domestic demand supported by accommodative fiscal policies and higher-than-expected tourism…