Kazakh fiscal buffers soften oil and COVID-19 blows

For an oil-revenue-dependent state, Kazakhstan is enduring low prices and COVID-19 pain without disastrous consequences

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Virus second wave will derail Greek budget forecasts

The 2021 budget, prepared in a highly uncertain environment, relies on EU funds to reduce the primary deficit

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The latest mid-term budget outline rests on steep expenditure cuts

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Colombo has recently seen its sovereign rating lowered

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Financial market volatility has increased, but traditional safe haven assets have not been outperforming

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Plunging forint will add to Hungary’s woes as surge in COVID-19 cases deals economy double blow

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Lusaka’s creditors want to avoid setting a precedent for other embattled sovereigns

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Activism in the ECB to support the use of unconventional monetary instruments will likely become more muted

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The pandemic has interrupted cruising, driving smaller companies out of business, but larger firms hope to restart soon

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The government is struggling with a significant revenue shortfall

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