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Country Report

Banking On The Future

During complex times for Turkey, banks, at least, can rest assured that their system is running smoothly, is well capitalized and well regulated.


Bulgaria And Romania Lead The Charge

Not long ago, Romania was synonymous with sluggish growth, underperformance and corruption. Analysts acknowledged its huge potential but said it wasn’t being realized.

Country Report

Turkey’s Contradictions

Strong growth and other upbeat data in 2015 bucked the West’s collective vision of a nation in crisis. But without structural reforms, the picture may darken.

Capital Raising & Corporate Finance

Czech Banks Are Lending

In November the European Investment Bank published its latest Bank Lending Survey for Central Europe and Southeastern Europe.

Capital Raising & Corporate Finance

Czech Republic: The Quiet Achiever

Unlike some of its Eastern European neighbors, the Czech Republic has shunned joining the eurozone and has surprised many with its stable and healthy levels of economic growth. However, progress is still needed on business transparency.

Capital Raising & Corporate Finance

New Lending Rules To Help Ukraine

The International Monetary Fund decided last month to alter its long-standing policy of not lending to countries with arrears to official creditors—national governments or agencies they sponsor—thereby enabling it to continue lending to Ukraine should it fail to repay on time a $3 billion bond due to Russia.

Economics, Policy & Regulation

Turkey’s Şimşek: A Reformer In Their Midst

Turkey When the Justice and Development Party (AKP) swept elections in November, financial markets were focused neither on prime minister Ahmet Davutolu, nor on president Recep Tayyip Erdoan. All eyes were on new deputy prime minister Mehmet imek, the former Finance minister, who may be the only reformer within the largely statist AKP.

Economics, Policy & Regulation

A Great Divide

Central Europe and the Southeast revive, while the CIS struggles with low oil prices and sanctions.