Central bank seen as set to opt for more easing but all eyes are on floundering lira. If it falls much further it could limit room for policy support.
Oxford University researchers look at the steps taken to contain the spread of COVID-19.
No one knows if there will be a summer tourism season at all in 2020, which is bad news for the countries that generate around a quarter of their GDP from the sector.
Economic consultancy Capital Economics has slashed its growth forecast for the Central and Eastern Europe (CEE) to a 2% y/y contractions from the previous 2.3% expansion in 2020, as a result of the coronavirus.
Vienna-based think tank expects the coronavirus pandemic to result in the worst year for the region since the global financial crisis.
Slovenian government-related institute IMAD has halved its GDP growth forecast for 2020 to 1.5% from 3% due to the uncertainty caused by the coronavirus pandemic.
The fall in the CROBEX came on a day of chaos on the international exchanges amid a slump in oil prices and the economic disruption caused by efforts to contain the coronavirus.