Questions raised over goverment's projections for steady growth rates of 4%-5% in the coming years.
The surprise fall suggests is it less likely the Turkish central bank will follow up last month’s interest rate hike with another this month.
Extremely high levels of poverty by European standards have pushed Turkey’s Despair Index up over the 40% mark – a level usually associated with popular protest and coloured revolutions.
Debt surges overnight to reach 37.9% of GDP as government issues bonds to cover losses from $1bn bank frauds.
Romanian MPs in legislation overdrive as general elections approach, approving 299 acts in past year.
bne’s Despair Index values are contained in most developed countries of the world and many of the former Eastern Bloc countries have scores on a par with their Western peers. But the share of poverty remains too high in many countries.
Turkey’s unemployment rate hit a 19-month high in August, reflecting the effects of a slowing economy and troubles in the tourism industry.
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