Energy self-sufficiency will improve the emerging countries' energy balances but will not solve their current account deficits and external debt problems without other structural reforms.
Malta is a small island nation located in the Mediterranean Sea. The country is known for its rich history, beautiful beaches, and historic architecture. As a member of the European Union, Malta enjoys access to the world's largest single market.
The COVID-19 pandemic, along with the high inflation rate and the steady increases in interest rates, puts the EU at risk of slipping into its worst recession in history.
After a strong first half of the year, the EU economy has now entered a much more challenging phase. The shocks unleashed by Russia's war of aggression against Ukraine are denting global demand and reinforcing global inflationary pressures.
Romania has shown solid growth in recent years, driven mainly by the growing domestic demand. In 2017, GDP increased by almost 7%, mainly due to the strong growth of private consumption, the increase in wages and the decrease in unemployment.
According to the latest Economic Outlook released by Atradius - Credito y Caucion, the risks that threaten the robustness of growth and global trade in 2018 have grown since the report released this past spring...