Moody’s Investors Service is maintaining its stable outlook on the Greek banking system, reflecting the rating agency’s expectation of some improvement in banks’ profitability and loan quality in 2017-18, balanced by very high level of problem loans. The outlook expresses Moody’s expectation of how bank creditworthiness will evolve in Greece over the next 12-18 months. Continue reading “Moody’s maintains stable outlook on the Greek banking system amid improved profitability prospects, balanced by still very high problem loans”
The country is becoming a hub for global AI development. Five priorities can help China harness AI for productivity growth and prepare for the societal shifts it may unleash.
Political pressures associated with international migration are evident in many advanced economies. They risk leading to policy changes that could have unfavorable medium-term economic consequences, says Fitch Ratings in its latest Global Perspectives commentary. Continue reading “A world without migration – Fitch report”
While U.K. financial conditions remain broadly favourable to growth, recent data show softening demand for funding from both businesses and households. Continue reading “The U.K. Economy is Gradually Losing Momentum, S&P Says”
Global economic growth is expected to pick up modestly next year to around 3.6 % from a projected 3.3% in 2017 but risks of rising protectionism, financial vulnerabilities, potential volatility from divergent interest rate paths and disconnects between market valuations and real activity hang over the outlook, according to the OECD. Continue reading “Modest pick-up in global growth but risks and vulnerabilities could derail recovery, says OECD”
Migrants make a positive contribution to development in both their countries of origin and destination as the 2030 Agenda for Sustainable Development recognises. Continue reading “To make the most of migration, developing countries need a more coherent policy agenda, OECD says”
The Ex-Post Evaluation of Exceptional Access under the 2012 Extended Arrangement prepared by a staff team of the IMF for the Executive Board’s consideration on February 6, 2017. The staff report was completed on January 24, 2017. Continue reading “GREECE: Ex-Post Evaluation of Exceptional Access under the 2012 Extended Arrangement”
This preliminary draft DSA was prepared by Fund staff in the course of policy discussions with the authorities and European institutions in recent months. Continue reading “GREECE: Preliminary IMF’s Draft Debt Sustainability Analysis”