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Russia’s increasingly assertive foreign policy represents a potential double setback for the economy by risking imposition of additional sanctions and further neglect of long-standing socio-economic problems. ....
The FINANCIAL The economies of central and eastern Europe (CEE) have continued to rebound from last year’s pandemic-related recession, ensuring mostly improved sovereign credit outlooks for 2022, says Scope Ratings. Scope expects broad-based, if uneven, economic expansion in the 11 EU member countries of the region (CEE-11) to continue, marking aggregate growth of 4.6% in 2022 – albeit slower than a 5.6% expansion this year. Outside the EU, Russia similarly grows a more moderate but nevertheless above-potential 2.7% next year, after 4.5% this year. Turkey slows sharply to 2.3% in 2022, after 10.8% in 2021, while Georgia normalises toThe FINANCIAL The economies of central and eastern Europe (CEE) have continued to rebound from last year’s pandemic-related recession, ensuring mostly improved sovereign credit outlooks for 2022, says Scope Ratings. Scope expects broad-based, if uneven, economic expansion in the 11 EU member countries of the region (CEE-11) to continue, marking ag ....
Russian Markets Shrug Off New Sanctions The ruble and stock market have recovered, but risks remain. April 16, 2021 The U.S. hit Russia on Thursday with the broadest range of sanctions in three years. Jeffrey Zeldman / Flickr (CC BY-NC-ND 2.0) Russian financial markets have shrugged off the latest round of sanctions announced by the U.S. on Thursday, with the Russian ruble and stock markets bouncing back strongly in Friday trading. The ruble which saw trading volumes five times higher than usual ahead of the sanctions announcement recovered two days of losses to stand at 75.8 against the dollar during trading in Moscow. ....
CHISINAU (Moldova), February 24 (SeeNews) - A sustained post-pandemic recovery of Moldovan economy is highly dependent on the country's ability to redu ....