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Hampl was interviewed on August 29, after the CNB announced its first rate rise in more than nine years on August 3. He said faster growth made debating further monetary policy…
It was a bid to stabilise the lira. Bank deposit and credit rates have already risen sharply, and credit growth has virtually halted. As Turkey’s economic crisis takes hold, the…
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DOI: 10.1108/OXAN-DB238519
ISSN: 2633-304X
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Poland faces an uncertain second quarter, the economy having slowed to its lowest point since late 2012. Questions are being raised over the outlook for interest rates under new…
Furthermore, in the year to April, sales fell by 19.2% year-on-year. After a decade of sharp rises, home prices have been declining since September 2017.
Amid an ongoing constitutional crisis, the Law and Justice (PiS) government, which was sworn into office on November 16, has been busy revising fiscal targets and agreeing draft…
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DOI: 10.1108/OXAN-DB207502
ISSN: 2633-304X
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The TCMB has responded quickly to a new wave of lira volatility ahead of local elections, forcing banks to borrow at the overnight rate of 25.5% instead of the 24.0% policy rate…
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DOI: 10.1108/OXAN-DB242769
ISSN: 2633-304X
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However, the unexpected downgrade of Poland by Standard & Poor's (S&P) on January 15 has focused attention on the financial and economic policy stance of the Law and Justice (PiS…
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DOI: 10.1108/OXAN-DB208166
ISSN: 2633-304X
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Allegations of bribery and corruption against the former chairman of Poland’s Financial Supervision Authority (KNF), the financial sector regulator, have stoked both political and…
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DOI: 10.1108/OXAN-DB240518
ISSN: 2633-304X
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CEE markets' resilience to China-induced sell-off.
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DOI: 10.1108/OXAN-DB203039
ISSN: 2633-304X
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State banks’ increased use as policy instruments.