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Alastair Wilson
Global Managing Director

Elena Duggar
Group Credit Officer

Asia-Pacific and Middle East

Tom Byrne
Senior Vice President

Anne Van Praagh
Managing Director


Yves Lemay
Managing Director

Dietmar Hornung
Associate Managing Director

Latin America

Mauro Leos
Vice President – Senior Credit Officer

Anne Van Praagh
Managing Director


Matt Robinson
Vice President – Senior Credit Officer

Yves Lemay
Managing Director

Supranational Entities/Multilateral Development Banks

Steven Hess
Senior Vice President

Anne Van Praagh
Managing Director

Sovereign & Supranational

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Research on sovereign nations, sovereign-related agencies, and supranational institutions.


  • 27 Aug 2015
    • Turkey’s Early Elections Prolong Economic Policy Indecision
      New elections so soon after previous elections are credit negative for Turkey. Prolonged political uncertainty will delay implementation of economic policies needed to reduce external vulnerabilities, improve investment climate and reactivate economic growth...Full Report
  • 24 Aug 2015
    • Greek Prime Minister Resigns, Clearing the Way for a Stronger Government
      Alexis Tsipras stepped down as head of government and called for early elections. The prime minister’s resignation is credit positive for the sovereign because it offers the possibility of a new more cohesive government, which would improve prospects for implementing Greece’s third bailout and reducing liquidity and funding risks...Full Report
  • 17 Aug 2015
    • France's Stagnating Q2 Growth Raises Likelihood of Missing 2015 Fiscal Targets
      Despite the significant investment incentives that France introduced earlier this year, its economy recorded no increase in growth in Q2, down from 0.7% growth in Q1. This growth performance is credit negative because it challenges both deficit reduction and employment creation and raises the likelihood that France will miss its 2015 fiscal targets.…Full Report
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