US EditionGlobal Shocks Ripple Through Western Balkans: IMF Analysis
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Global Shocks Ripple Through Western Balkans: IMF Analysis
A recent analysis by the International Monetary Fund (IMF) highlights the significant impact of global economic and financial shocks on the Western Balkan region, with a particular focus on North Macedonia. The study reveals how interconnectedness with the European Union and global value chains makes these economies vulnerable to external volatility. Key Takeaways Euro Area Shocks Pose Significant Risk: Real shocks originating from the Euro are…
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