Another rating upgrade is likely for Hungary soon

Hungary's creditworthiness improves as Poland's comes under strain

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Turkey's economy and security are Erdogan's key risks

There are no signs of an early end to Erdogan's dominance in Turkey

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The 'Brexit' risk is already affecting the UK economy and markets, but its ripple effects could be felt all over the EU

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Meeting IMF conditions will cause popular resentment, and the economic fundamentals are not encouraging, either

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

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The Turkish government and private sector are seeking ways to mitigate the impact of Russian sanctions

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Egypt is tightening import controls in a bid to ease its currency crisis and avoid devaluing the pound

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The new government's policies need sound macroeconomic fundamentals

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Riyadh's decision to cut military aid signals a major escalation in its regional power struggle with Tehran

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