Pandemic allowed debt rethink in Europe as risks persist for emerging markets
Thursday 3 February 2022 – Vol.13 Ed.5.4
Commentary: European sovereigns turn crisis to their advantage
By Philip Moore in London
Europe’s leading sovereign debt issuers are confident that they have emerged from the global public health crisis in better shape than before the pandemic, albeit for different reasons. The increase in financing requirements has been helpful from a debt management perspective and European sovereigns enjoyed success in extending debt duration. Yet there are also new challenges.
Read the full commentary on the website.
Commentary: Challenges grow for emerging markets as stimulus falls
By Dwyfor Evans in Hong Kong
Coordinated monetary and fiscal stimulus following the initial Covid-19 outbreak in early 2020 quickly helped temper both economic and market fallout. While there has since been a somewhat uneven economic recovery, stimulus measures are increasingly being tightened and withdrawn. In 2022, the challenges for emerging markets largely centre on four factors.
Read the full commentary on the website.
