bne IntelliNews’ calculations show the precarious situation the central bank faces as the unrelenting battle to defend the lira takes an alarming toll. No wonder Turks fear for their hard currency savings.
Following the shock of the $1bn stolen from the banking sector in 2014 the government has got its act together and is transforming the business, with some help from the EBRD.
While EU members are taking steps to end or phase out investment for citizenship programmes, the opposite is happening in some potential future members.
Erdogan party hacks nevertheless ask why markets give this particular authoritarian regime such a hard time. Answer may be its lack of technocrats with freedom to run macro policy. Lickspittles get you nowhere.
Annulling of Istanbul election result that put a chink in Erdogan’s armour knocks an already ensnared economy and ushers in some dark political scenarios.
Election board cites “irregularities” in scheduling a June 23 rerun. Markets respond to the decision by taking it out on the already battered lira.
15 years after eight CEE states entered the EU, there have been significant economic gains, but in recent years this has been accompanied by a backsliding on democratic reforms.
Albania’s new securities exchange, ALSE, hopes to see the country's first ever IPOs this year, but it faces an uphill battle to build confidence and overcome the legacy of the failed Tirana Stock Exchange.
Apparent attempted lynching of opposition leader shows dark polarising forces are again stirring age-old enmities. Populist president has been here before, though not amid such economic turmoil.
The poor showing for their candidate in the first round of the presidential election shocked North Macedonia’s ruling coalition, which has pledged to wipe out incompetent officials as it fights for the votes of the ethnic Albanian minority.