Fiscal Policy
By now Viktor Orbán has manoeuvred himself into a corner where
his options are limited to bad and even worse political choices....
2012 couldn’t have started worse for the Orbán cabinet. Most financial indicators declined sharply in December and this trend continued in the first week of 2012, reaching levels never seen before. Hu...
The foundering of loan negotiations would definitely leave the Hungarian economy in a catastrophic state with potentially serious domestic political consequences....
Figures released by the UAE Central Bank indicate that bank deposits have reached their highest level in almost two years....
On May 24, Prime Minister Viktor Orbán unexpectedly, although not without preliminaries, announced: the government acquired the 21.2% stake of Russia’s Surgutneftegaz in MOL for EUR 1.88 billion....
Almost three million people receive a pension or pension-type allowance. Of those almost one and a half million are below retirement age and claim an allowance based on various legal categories....
Hungary’s credit default swaps (CDS) dropped to 254 basis points at the end of Q1 2011. In the previous edition of CMA Datavision Global Sovereign Credit Risk Report’s Hungary was among the top 10 ris...
Bahrain is losing its edge as a financial centre as banks and financial institutions temporarily leave the country. ...
The Hungarian government outlines an ambitious spending-cut package. The destination is clear, but the road is still under construction....
International investors may feel slightly shortchanged by Hungarian Prime Minister Viktor Orbán's state of the nation speech to Parliament February 14....
Oman endorses another five-year development plan. The plan will contribute further to the so far apparently successful economic efforts by the government to diversify the economy....
Negative news about two of the UAE’s leading companies threaten to shake economic confidence in the country....
Dubai government-affiliated Zabeel group is seeking to restructure over US $1.6 in debt, as the government hints at privatization of infrastructure companies....
Hungary has entered the group of the 10 riskiest countries for sovereign debt investors, according to a study by CMA Datavision published January 7. Hungary's credit default swaps (CDS) closed Decembe...
The UAE’s cuts its budget by 6%, freezing spending on universities and cutting spending on utilities....
As Hungary packs up its Bermuda shorts for a six-month stay at the Brussels beach, it might be fair to ask: What exactly do we expect to get out of this?...
The announcement that Dubai is now planning to consider selling some of its assets is confirmation that the emirate has given up on trying to resolve its crisis with help from Abu Dhabi....
Now that voters have handed PM Viktor Orbán what amounts to a blank cheque to govern, he is ready to begin the second phase of his governance: cleaning up the budget mess and spurring economic growth...
Prime Minister Donald Tusk’s Civic Platform (PO) has emerged from the first round of Poland’s municipal elections with a stronger mandate to rule....
Abu Dhabi developer Aldar is reportedly seeking a government bailout as it’s CEO resigns, its shares tumble and the government announces that Abu Dhabi has an oversupply of real-estate....