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Turkey’s Lira On A Rocky Road

Turkish President Recep Erdogan believes high interest rates cause high inflation and sacked three central bank governors who stalled onrate cuts.


Czechs Return To EBRD

The Czech Republic’s decision to rejoin EBRD has an echo of Cyprus belatedly becoming a member country in 2014 in the wake of its financial crisis.


Paths To Recovery In The Caucasus

The region’s three economies face distinct challenges as Azerbaijan follows up on its military victory, Armenia licks its wounds and Georgia copes with political turmoil.

Country Report

Ankaras About-Face

Erdoan’s government hopes a more disciplined monetary policy will restore investor confidence and bolster an economic recovery in 2021.

Country Report

Azerbaijan: Regional Stability Wavers

Baku is rolling out ambitious plans for economic expansion and reform. But first, there are worsening regional tensions and currency woes to grapple with. And Covid.