Economic overview If the Eurozone economic crisis spread – triggering a vicious circle – first in the United States and then in emerging economies, consumer and business confidence would collapse internationally and world trade would slow down. The impact of the collapse in international demand could prove particularly severe on the Danish economy, whose GDP Read more about Country report Denmark[…]
Economic overview In Cyprus, the crisis caused by Covid 19 has shocked the country’s economy which this year will see GDP decrease by 7.7% according to the European Commission, after it had grown by 3.2% in 2019. Public debt will skyrocket, rising from 95.5% to 115.7% of GDP. Exports fell by 14.9% between January and Read more about Country report Cyprus[…]
Economic overview On November 15, 2021, Cuba witnessed two failures which, despite affecting different sectors – politics and tourism – have had the same result: the profound disappointment of the people, in the face of an expectation encouraged by the events of last summer and the decline in Covid infections. In January 2021, the government Read more about Country report Cuba[…]
Economic overview Croatia’s goal is to introduce the euro as the official currency starting from January 1, 2023 and this will only be possible if all the adjustments are made and all the required measures are implemented. One of the main prerequisites is to continue with a manager monetary policy not only for the introduction Read more about Country report Croatia[…]
Economic overview Although it is a relatively small country, which has just over 5 million inhabitants, Costa Rica has no equal in terms of political stability and wealth of human resources. Today, Costa Rica is distinguished by a population with relatively high levels of public education and a per capita GDP that grew more than Read more about Country report Cost Rica[…]
Economic overview A state among the richest in natural resources in Africa, the DRC has long been at the center of the interests of many great powers. Tons of cobalt are extracted here and transported to Chinese refineries. The smuggling of gold supports that of arms, opposing the international community’s attempts at pacification. The country Read more about Country report Congo[…]
Economic overview After the 6.6% decline in GDP in 2020, the Colombian industry was trying to get back on track, but everything stalled again due to the third wave of Covid, even stronger than the previous ones. With a 10% increase in the poverty and employment tax and could always thousands of businesses closed for Read more about Country report Colombia[…]
Economic overview The macroeconomic information coming from China is worrying. Bad debts from government, local governments and businesses are steadily increasing. Power plants are running out of fuel. The real estate market is in collapse. The Chinese Academy of Sciences has just lowered its economic growth forecasts for next year to 5.2%. It is difficult Read more about Country report China[…]
Economic overview In 2020, GDP contracted by 6%, due to the negative impact of adverse weather conditions on mining, the US-China trade war, continuing social unrest and the coronavirus pandemic. Copper exports and prices have started to rise again, and private consumption is expected to grow by more than 8%, supported by pension withdrawal receipts. Read more about Country report Chile[…]
Economic overview The economic and financial situation of Chad and the medium-term outlook have worsened due to a series of long-lasting shocks since the onset of the Covid-19 pandemic. To underline this, a mission of the International Monetary Fund (IMF) led by Edward Gemayel who has stayed in N’Djamena from 12 January until today. The Read more about Chad country report[…]