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- FX Empire
Euro Area Sovereign Credit: Some Ratings Under Pressure as Fiscal Challenges Mount
Euro area governments unable to put in place consistent medium-term fiscal plans face credit-rating pressure even though reducing public borrowing is possible including for highly indebted countries, says Scope Ratings.
- FX Empire
Germany: Economic Outlook Stable Despite Near-term Stagnation and Fiscal Challenges
After five years of near-zero cumulative growth since the pandemic, Germany’s recovery is unlikely to accelerate without policy reform and an increase in net investment, supported by its significant fiscal space.
- FX Empire
Middle East Crisis: Geopolitics Remains a Downside Risk for the Global Economic and Credit Outlook
A full-scale Middle East conflict is unlikely but any further escalation of tensions would have significant adverse consequences for commodity markets and inflation, affirming geopolitical developments as a core economic challenge globally.
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