Turkey's consumer confidence index recovered by 1.9% m/m to 71.3 in July from 70 in June, achieving the lowest figure recorded since March’s 67.8.
Turkish equities experienced an inflow of $155mn in the week ending July 14 while the benchmark BIST-100 tested a new record high of 107,750 on July 20.
Croatian government’s general gross debt stock expanded by 2.6% q/q to HRK300.1bn (€40.5bn) at the end of the first quarter from HRK289.1bn at the end of 2016.
Turkey is heavily dependent on external borrowing due to its chronic current account deficit causing its short-term external debt stock to rise
Latest data is in line with the government’s 2015-2018 macroeconomic projections, according to which the employment level was expected to rise by 0.6% per year, while the unemployment rate was forecast to decline.
Tourist arrivals were up across the board in Southeast Europe in May, hinting at a repeat of last year's strong performance.
Consumer prices now rising at the slowest rates since December 2016, dragged down by declines in clothing and transport prices.
FDI no longer finances Romania's growing Current Account deficit, which is likely to widen further to above 3% of GDP in 2017.
Turkey's unemployment rate declined for the third consecutive month to 10.5% in April, the lowest level posted since June 2016
Turkey’s private sector long-term foreign debt now stands at $209bn as of end-May from $205bn at end-April
The deterioration in inflation expectations was driven by rising consumer prices and the depreciating Turkish lira
The budget deficit rose to TRY13.7bn (€3.38bn) in June from TRY7.92bn a year ago and it should exceed the official target of TRY46.9bn or 1.9% of Turkey's GDP in 2017
Growth in most Central and Southeast European member states outstrips modest 4.7% average increase in demand seen across the EU.
After 70 years of being told Nato was the enemy, most of the populations of the former Communist bloc continue to have mixed feelings about their former enemies – even if the geopolitics have changed radically.
Just 40% of Serbians believe their country will benefit from EU accession, compared to 84% of Kosovans and 80% of Albanians.
Subdued investment into public infrastructure projects dragged the construction works volume index down in April and May.
World Bank study reveals wide variations in business environment across cities in Bulgaria, Hungary and Romania.
Gross FX reserves saw its yearly lowest level of $84.99bn as of April 28, the worst level recorded in Turkey since July 2012
Turkish equities experienced an inflow of $48mn in the week ending July 7 as the benchmark BIST-100 tested a new record high of 104,915 on July 13
Rising export demand along with the depreciation of the Turkish lira and government stimulation measures have been the main drivers of Turkey's improved industrial production performance