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Italy's banks face twin test

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ITALY

Former Italian Prime Minister Matteo Renzi has suggested that Italy's next election should be held at the same time as Germany's (September), saying it made sense from "a European…

Prospects for Europe in the third quarter

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PROSPECTS Q3 2015

Prospects for Europe in the third quarter.

Prospects for the Gulf states to end-2017

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PROSPECTS H2 2017

Prospects for the Gulf states to end-2017.

Germany to wait out major EU decisions until post-2017

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GERMANY

The Greek crisis has exposed Germany's euro-area dominance more clearly than ever -- to both Germany's partners and Germany, and to the discomfort of both. Merkel's decisions in…

Moroccan premier’s spending package buys him time

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MOROCCO

Akhannouch had been facing mounting popular criticism for failing to address Moroccans’ increasingly strident economic grievances. This had led to rumours that King Mohamed VI was…

Rise in capital inflows may not endure in Brazil

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BRAZIL

Rising interest rates and commodity prices, and cheap stock market assets have been key factors in attracting capital. As a result, the real appreciated from around BRL5.7:USD1 in…

IMF will worry about Cairo's debt burden later

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EGYPT

The review will take into account the effects of measures taken thus far, in particular the flotation of the Egyptian pound, and will assess the government’s budget for the…

Czech anti-crisis measures will swell public debt

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CZECH REPUBLIC

Popular discontent is growing, because of rising prices, especially for energy, food and housing. Despite the government’s more transparent, pro-European and values-driven…

Zambia edges towards a resolution of its debt crisis

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ZAMBIA

The deal also appears to have satisfied official creditors, which had blocked an earlier deal on the basis that it granted bondholders more favourable terms than official…

Central banker's exit suggests Ukraine reform malaise

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UKRAINE

Smoly's move came so swiftly that legislators had to vote on his resignation without having a replacement in mind. President Volodymyr Zelensky has yet to submit a candidate, as…