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China and 'Grexit' risks weigh on EMs globally

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INTERNATIONAL

This month, 3 trillion dollars had been wiped off the value of all listed companies since a seven-year high on June 12, undermining confidence in the government's ability to steer…

Southern Syria faces rising security problems

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SYRIA

Together with Syrian government budget cutbacks, the decreased Russian presence has resulted in an increase in inter-communal clashes, forced disappearances, demonstrations and…

European elections will test new Greek leftist leader

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GREECE

The new leader of the left-wing Syriza party, Stefanos Kasselakis, has until then to establish himself as Greece’s leading oppositionist. He has not been helped by the…

Prospects for the Balkans in 2020

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PROSPECTS 2020

Prospects for the Balkans in 2020.

Crisis will cut profits, add risks for Turkish banks

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TURKEY

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…

Ankara will firmly focus on the economy

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TURKEY

In the March 31 municipal elections, the main opposition Republican People’s Party (CHP), to which Imamoglu belongs, gained 37.8% of the vote nationally, beating the AKP in its…

War in Ukraine will revive but not ease EU enlargement

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EUROPE

It proposes fast-tracking the EU membership applications of Ukraine, Moldova and (subject to conditions) Georgia, an unprecedented geopolitical decision. Its recommendations have…

Middle East captagon flows threaten regional security

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MIDDLE EAST

Between 2020 and 2021, the Middle Eastern captagon trade grew by nearly USD2bn to over USD5bn in market value, with further growth expected in 2022. Furthermore, seizures of…

Middle East refugee return would destabilise situation

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MIDDLE EAST

Regional host countries are increasingly calling for the voluntary or forced return of Syrian refugees at a time when Western countries are distracted by the flow of Ukrainian…

Political meddling in monetary policy raises risks

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INTERNATIONAL

Politicisation of central banking.