4-Mar-22 Belarus: Belarusian ruble collapses amid war in Ukraine; Central Bank hikes rate by 275 basis points to 12.00% On 28 February, four days after war broke out in Ukraine, the National Bank of the Republic of Belarus had...
29-Apr-21 Germany: Parliament approves additional budget for this year to further support recovery In late March, the German federal government agreed on an additional budget for this year, totaling EUR 60 billion, to...
2-Mar-21 Netherlands: No significant policy shifts expected after 17 March election as VVD leads polls Voters will head to the polls on 17 March to elect a new parliament, after roughly a year of Covid-19...
19-Nov-20 Turkey: New finance minister and Central Bank governor appointed, likely prompting shift towards more orthodox policy On 10 November, President Erdogan appointed former deputy prime minister Lutfi Elvan as new finance minister. Elvan replaced the president’s...
7-Sep-20 Turkey: Lira hits new low in September on geopolitical tensions and high inflation On 4 September, the Turkish lira traded at TRY 7.44 per USD, a new all-time low. This marked a 7.2%...
6-Aug-20 Argentina: Argentina strikes deal with creditors, setting stage for crucial negotiations with IMF On 4 August, the Argentinian government reached an agreement with its biggest creditors to restructure around USD 65 billion in...
24-Jul-20 Euro Area: EUR 750 billion spending plan to boost economies of southern Europe, but challenges remain On 21 July, after five days of tough negotiations, EU leaders finally agreed on a EUR 750 billion coronavirus recovery...
25-Jun-20 Germany: Government opens spending taps further in June to boost the economy In early June, the German government announced fresh stimulus of EUR 130 billion to kickstart the economy, bringing the total...
4-Jun-20 Ukraine: Ukraine reaches staff-level agreement with the IMF in May On 21 May, the IMF announced a staff-level agreement for an 18-month USD 5.0 billion loan to Ukraine under a...
25-May-20 China: Leadership drops growth target for this year; announces bolder policy support China’s top leadership decided to scrap its traditional annual growth target for this year, the first time since it was...