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High numbers of unproductive firms will cut GDP growth

Location:

INTERNATIONAL

Low interest rates and easy financing conditions in major economies have triggered a search for yield on the part of investors flushed with liquidity and this has allowed…

'Zombie' firms will drag down economic growth

Location:

CHINA

China's efforts to shut down poorly performing state enterprises.

Russia will need to tighten corporate loan policies

Location:

RUSSIA

Debt restructuring was offered to good and bad companies alike. This indiscriminate approach delayed insolvency that would otherwise have overtaken 'zombie' companies.

China SOE reforms shift risk around financial system

Location:

CHINA

China's state-owned enterprises.

Prospects for the global economy in 2021

Location:

PROSPECTS 2021

Europe and the United States may slip back into recession in the northern hemisphere winter. If vaccination succeeds, the advanced economies will recover robustly from mid-2021…

Debt will deepen China slowdown, not trigger collapse

Location:

CHINA

Corporate debt in China.

Bankruptcy rules will improve SME efficiency in China

Location:

CHINA

However, the sector is held back by inefficiency in resolving financial distress, which prevents effective restructuring, closure and, more broadly, access to bank finance…

Greece must grow faster to meet primary budget targets

Location:

GREECE

Ahead of the elections, public attention was firmly focused on the state of the economy, particularly budget execution and foreign direct investment (FDI). The issue of social…

Prospects for the global economy to end-2022

Location:

PROSPECTS

Prospects for the global economy to end-2022.

Virus second wave will derail Greek budget forecasts

Location:

GREECE

The official baseline is for an 8.2% GDP contraction in 2020, and a 7.5% rebound in 2021. It took into account moderate restrictions on movement in winter 2020/21, but the…