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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…

Turkey plans for competitive industries, lower imports

Location:

TURKEY

Development plans define what constitutes mainstream social and economic policy in Ankara. This plan lays out the intentions of President Recep Tayyip Erdogan’s Justice and…

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…

US protectionism threatens India’s external deficit

Location:

INTERNATIONAL

Infosys's share price has fallen by over 10% this year. More broadly, India’s net dollar exports of IT and IT-enabled services fell by 2% year-on-year in fiscal year April…

Saudi social reforms will create economic openings

Location:

SAUDI ARABIA

The rapid social changes under way, such as letting women drive and reopening cinemas, largely focus on creating new economic opportunities. They also serve a political purpose…

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…

Pre-election spending may prop up Polish economy

Location:

POLAND

The statistical office’s provisional estimate surpassed expectations and confirmed that Poland’s diversified economy, backed by government measures, had weathered the supply…

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…