Southeast Europe / Opinion

COMMENT: Some key macroeconomic indicators for Romania during the pandemic times

Alexandru M. Tanase June 1, 2020

Even before the crisis, the Romanian macroeconomic equilibria were very fragile. Now Romania needs a set of measures to relaunch the economy and put it on a better footing for the future.

LONG READ: A thinking exercise on Turkey and its lira

Akin Nazli in Belgrade May 26, 2020

Erdogan administration officials are working around the clock trying to convince the world the currency can defy gravity. Nothing adds up in their favour. The worry is that they will end up trying to defy voters instead.

COMMENT: Will Central Europe’s economic recovery be stymied by populist banking laws?

Nicolas Tenzer in Paris May 19, 2020

Multiple financial fires raging across Central and Eastern Europe could have been put out had EU institutions responded sooner to the populist lawfare banks have been put through over the past few years.

ING: Central and Eastern Europe’s fiscal and monetary response to COVID-19

Rafal Benecki et al of ING THINK May 12, 2020

What is behind the magic of high numbers of anti-crisis programmes to combat the economic fallout from COVID-19? Some CEE countries can afford policy responses like developed markets as their central banks kick-start QE support programmes.

OPINION: Post-COVID recessions bring risk of turbulent spring

Clare Nuttall in Glasgow May 11, 2020

Governments that failed to rise to the crisis — through denial, dismissing the dangers or simply incompetence, resulting in unnecessary deaths and economic hardship — should fear their day of reckoning.

TURKEY INSIGHT: The lira has belly-flopped and London, it is your fault

Akin Nazli in Belgrade May 7, 2020

Government media point finger at foreign market players as Turkish currency falls to all-time low. Banking watchdog issues wide-ranging regulation on manipulative trading. Critics say it has no parallel anywhere else in the world.