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External factors will slow Greek GDP growth next year

Location:

GREECE

The economy is on track to grow by 5.3% year-on-year in 2022, outperforming market expectations for the second year in a row. In a sign of its recovery, Greece left the EU's…

Risks will outweigh recovery chances in Eastern Europe

Location:

EASTERN EUROPE

The economic environment has been dictated by Russia’s war in Ukraine and its market and policy implications. Next year, the prospects for the V4 economies are moderately upbeat…

Jordan will struggle to attract investors and more aid

Location:

JORDAN

However, Jordan continues to receive ongoing donor support and is beginning to make progress on some structural weaknesses, such as energy imports and poor tax collection, while…

Romania aims to contain pandemic for December election

Location:

ROMANIA

During January-September, amid restrictions and social distancing, the economy contracted by just 4.6% year-on-year, helped by the resilience of certain sectors and supportive…

Prospects for North Africa in 2023

Location:

PROSPECTS 2023

Inflation, debt and unemployment are recurrent themes across the region, even in energy exporters Libya and Algeria, which are enjoying elevated revenues from high energy prices…

Beirut will need IMF support, despite political costs

Location:

LEBANON

This followed the government’s decision to default, for the first time ever, on bonds maturing on March 9. There is a mounting controversy over whether to seek financial support…

Turkish go-it-alone policy raises currency crunch risk

Location:

TURKEY

It has fallen from about 6.50 at end-March and 5.95 at end-2019. There is speculation about a possible balance of payments crisis due to the COVID-19 pandemic, economic…

Economic reform will falter with new Turkish cabinet

Location:

TURKEY

Presenting his government's programme on November 25, Prime Minister Ahmet Davutoglu promised to keep his election campaign pledges, complete major infrastructure projects…

Prospects for Turkey in 2019

Location:

PROSPECTS 2019

Prospects for Turkey in 2019.

Economic impacts of pandemic will endure in Honduras

Location:

HONDURAS

Hurricanes Eta and Iota, which struck Honduras in quick succession in the first half of November, took a severe toll on the agriculture sector, which accounts for more than 10% of…