Yen surge to question global monetary easing's effects

The correlation between monetary easing and national currency weakness has become looser

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Slovenia's window of opportunity to reform is closing

Unless things change, Slovenia will be condemned to slow growth from now on

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The country faces heightened uncertainty and lower potential growth in the event of a vote to leave EU

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Low growth or outright contraction will fuel the drop in revenues, complicating stimulus and debt-servicing policy

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Government spending will have to be more judicious although there are still funds in reserve

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Outright default is unlikely, though no growth, high inflation and the fiscal burden will limit rapid recovery hopes

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More pressure on central banks, domestically and from the ECB, may shift monetary policy in the next 18 months

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The labour force participation rate has rebounded recently, partly reversing its long-term declining trend

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Neither the political nor the economic front offers much room for optimism, with growth and consensus both elusive

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Canada's 2016 budget seeks to use deficit-fuelled stimulus to overcome the effects of the global commodities slump

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