Erdogan administration attempting to shape more favourable economic picture ahead of elections. But latest unemployment data shows worrying signs of fallout from currency crisis.
Latest data: industrial output worse than expected, C/A back in deficit but seen as “great number”.
Turkish 5-year CDS up 5% w/w and 76% y/y but down 16% m/m.
Markets discuss what’s brought an ‘early spring’ to Turkish markets. BAML survey finds EM assets now seen as “most crowded trade”.
Warsaw's hopes of stopping the Nord Stream 2 gas pipeline were dashed, as Germany and France pushed through a compromise wording of amendments to EU’s gas market rules that will result in the weakening of the bloc’s joint control.
Pre-election strategy is to blame food inflation on ruthless retailers.
Nationwide protests against President Aleksandar Vucic, numbering tens of thousands of people, have taken place weekly since early December.
But is it all going L-shaped?
Threatened by soaring food inflation ahead of approaching elections, Turkey’s populist leader courts nationalist votes.
Greece was the first Nato member to ratify the accession protocol after a landmark agreement between the neighbouring states opened the way for Macedonia — soon to be renamed North Macedonia — to join the Alliance.
No official data available on total sum restructured by Turkish lenders. Banking watchdog has scrapped tables on loan restructurings in footnotes of lenders’ financials.
Company part-owned by transport mogul Brian Souter hit by collapse of Turkish lira.
Shipbuilder Uljanik is in severe financial difficulties and has already lost several vessel construction deals.
Finance minister refers to “food terror” in warning against price gougers “reaching into pockets of our citizens”.
Central bank’s gross FX reserves rise to $77bn after eurobond sales.
Reconstruction of line spanning Kosovo from Macedonia to Serbia to have a positive impact "in the region and beyond" says Kosovo Railways’ CEO.
Finance minister counts on foreign currency bond sales despite high costs and strong warnings.
Country to change name to North Macedonia within days, as it prepares to become Nato's 30th member and start EU accession talks.
IRI shows Igor Dodon's Socialists taking the largest share of the vote, well ahead of both the ruling Democratic Party and the pro-EU opposition.
Its shares fall more than 6% as strongman says parliament will strip opposition party of its stake bequeathed by Ataturk.