The ECB's unexpectedly hawkish shift tone prompted a sizeable market reaction, with Italian 10-year bond yields rising 55bps, to 1.95%. However, we...
Germany | New coalition aims to modernize with limited fiscal boost
Posted by Oliver Rakau on Nov 25, 2021
The SPD, FDP and Green party have struck a deal to form the next German government, which should be in power by early-December. A first reading of...
Africa | Pandemic-era debt: short-term outlook and implications
Posted by Irmgard Erasmus on Oct 14, 2021
Necessity and opportunity allowed African issuers to expand their public debt positions markedly since the Covid-19 pandemic hit. The sharp...
Germany | Lifting the fiscal handbrake is easier said than done
Posted by Oliver Rakau on Sep 17, 2021
Recent political shifts have increased the odds of Germany loosening its tight national fiscal rules after the September elections, which could be...