IMF press briefing
Tom Dawson, external relations director oversees the latest press briefing
President Petro Poroshenko and premier Arseniy Yatsenyuk have dipped into Georgia’s deep pool of reformist talent in an effort to rebuild Ukraine’s war-ravaged economy. However, even with a vast IMF package and other financial assistance, many have trouble seeing how Ukraine is ever going to return to growth while it is in conflict with the Russia-backed rebels in the east
A terrible cocktail of a vast debt pile, large fiscal deficit and lack of growth has pushed Croatia’s debt profile precariously close to unsustainable levels. Without comprehensive structural reforms, many believe the country’s economy will be in crisis by the end of the decade.
Negotiations between Ukraine’s government and a committee of its bondholders over its $23bn debt dissolved into acrimony this week, amid fears that only a haircut for investors will avert default
The head of UniCredit’s CEE division tells Emerging Markets he intends to remain in Russia, despite claims by the head of the country’s sovereign wealth fund that he wants to cut Western banks’ market share by attracting Chinese lenders
Rimantas Šadžius, Lithuania’s finance minister, tells Emerging Markets how Russia’s weak economy and currency are making conditions tough for the Baltic country, but that reliance on Russian energy is falling.