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Romania’s fiscal policy continues to consolidate and borrowing needs are at a record high due to the heavy maturity calendar. However, net issuance of ROMGBs is almost the same as last year. Romania is the region's leader with 44% of planned bonds.
Chinese President Xi Jinping just arrived in Moscow on a three-day state visit to Russian President Vladimir Putin that provides the Kremlin with a fig leaf of legitimacy for its military campaign in Ukraine and also promotes China to the top table.
Georgia's leading bank is expanding its international operations and investing in cutting-edge banking technologies.
Russian GDP contracted by 2.1% last year. For the current year, we expect an economic decline of similar magnitude.
Pandemic and Ukraine war impacts bring hardship that makes battle to subsist outside of the city a gruelling challenge.
The board of the Central Bank of Russia (CBR) resolved to keep the key interest rate unchanged at 7.5% at the policy meeting of March 17, while maintaining a hawkish rhetoric, but refrained from issuing a tougher monetary guidance.
Document leaked ahead of general election raised fears about Bulgaria's financial stability.
From March, Russians struggling to make ends meet will be able to take “credit holidays” for mortgages, consumer loans and credit card bills.
The forint’s 3% intraday plunge following the collapse of Silicon Valley Bank underscores the vulnerability of the currency despite the highest lending rates in the region.
Iranian Oil Minister Javad Owji said at the weekend that crude oil and gas condensates would be sold to foreign customers on the Iran Energy Exchange (IRENEX). They would be available to domestic buyers at the same price during a particular period.
Turkey has abruptly stopped exporting goods to Russia and one of Russian President Vladimir Putin’s strongest advocates in Europe, Hungarian Prime Minister Viktor Orban, has said that he might “rethink” his relations with Russia in the future.
Inhabitants of Ekibastuz who were left without heating on freezing winter days have a much different understanding of the term “crypto winter” than digital money enthusiasts.
54% of Eurobarometer survey respondents think the switch to the euro was a good thing for Croatia, but 62% think it will increase the inflation.
French President Emmanuel Macron is in Africa. US Secretary of State Antony Blinken has just been to Central Asia before visiting India, and Russian Foreign Minister Sergei Lavrov has just completed a tour of Africa, India and the Caucasus.
Studenac aims to become one of Croatia's top three grocery retailers and increase its market share to over 12% though a combination of organic growth and acquisitions.
Inflation research group ENAG records alternative figure of 127%.
Supply chains and production lines hit.
Russia's reserves fell by $7bn in a week to $582bn, but that number includes the $300bn frozen by the West after the start of the war. The trouble is. a year on and the EU can't find most of it.
Air of panic among Iranians looking to save what remains of their assets.