Commodities rout will fuel EM concerns and volatility

The oil price has entered its second bear market in just over a year

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Monetary policy will remain loose in Central Europe

Investor sentiment towards Central Europe will be fragile because of uncertain fallout from a rise in US interest rates

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Fund's future role and reputation will be shaped by scope of participation in third bailout

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In a new era of lower oil prices, governments are seeking to avoid politically sensitive austerity measures

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A 320-billion-dollar debt-swap programme has been launched to rescue debt-laden local governments

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Near-record harvest alleviates some of overall economic gloom

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Bulgarian, Romanian and Serbian subsidiaries would be most at risk if Greece's banks collapse under its debt crisis

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Greece contagion fades but debt crisis has different implications for V4 than previous crisis in 2012

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China's equity market volatility and 'Grexit' risk are shaping sentiment towards EMs

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Private credit growth remains subdued, with high real interest rates still deterring borrowers

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