Eastern Europe / Opinion

IIF Green Weekly Insight: The Roaring Twenties

The Institute of International Finance (IIF) January 27, 2020

Global demand for electricity is projected to surge over 20% this decade. Power generation accounts for 40% of emissions and Emerging markets, notably China and India, will account for over 85% of rising demand in the next ten years.

ING: Russian industry hoping for a better 2020

Dmitry Dolgin chief economist Russia at ING in Moscow January 24, 2020

Even though overall industrial production growth softened in 2019, some investment-driven sectors outperformed, including those focused on agriculture, oil downstream, chemicals, construction and transportation.

ING THINK: Russia tempted to ease fiscal rule and spend more

Dmitry Dolgin chief economist Russia at ING in Moscow January 21, 2020

Russia entered 2020 with a spending backlog of around 1% of GDP, which the new cabinet may now start unwinding. With the budget breakeven oil price below $50/bbl there is some space to increase spending.

ALACO DISPATCHES: What lies behind oligarch impunity in Ukraine

Nathan Andrews of Alaco January 20, 2020

Efforts to investigate financial crimes have been largely unsuccessful due to endemic corruption within the judiciary.

ING: Russian balance of payments calls for caution over RUB

Dmitry Dolgin chief economist Russia at ING in Moscow January 20, 2020

Balance of payments for 4Q19 suggests weakness in the current account and tells us that as much as $25bn of net portfolio inflows into local currency state bonds (OFZ) may be needed in 2020 in order to avoid ruble depreciation.

VIENNEAST COMPASS: Risk outlook 2020 – balancing in limbo

Marcus How of Vienneast in Vienna January 14, 2020

CEESE had a good year in 2019, with the economies in the region buoyed by increasing domestic consumption and capital spending that allowed the region to decouple from western Europe.