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Turkish state banks’ use for policy may harm stability

Location:

TURKEY

State banks’ increased use as policy instruments.

Multilateral development banks pivot to private sector

Location:

INTERNATIONAL

Encouraging more private sector participation in infrastructure development.

New bank may emerge in Cyprus

Location:

CYPRUS

The CCB is the second-largest lender in Cyprus. A range of scenarios are possible: the sale of all the CCB's assets, failure to sell any of it and a rapid resolution, or else a…

Ethiopia's forex crunch will aggravate reform pressure

Location:

ETHIOPIA

The government hopes this plan will above all inject fresh foreign currency into the cash-starved economy. Recently, it has had to manage its dwindling foreign exchange (forex…

Bank caution will make Russian firms draw on own funds

Location:

RUSSIA

Financing sources for Russian companies.

Turkey’s illiberal economic model will extend further

Location:

TURKEY

Erdogan spoke with pride of imposing additional customs duties to protect domestic industries, cheapening credit and launching a national car project. Economic policies are…

Iceland capital controls exit could set precedent

Location:

ICELAND

The island is on track to start receiving early this year the 'stability contribution' that creditors of its three large failed banks have agreed to pay in return for regaining…

Angola mounting debt burden raises future default risk

Location:

ANGOLA

The IMF's willingness to turn a blind eye may enable Angola to retain access to concessional finance over the next 18 months; however, Luanda needs a plan to address deferred…

Prior actions passed will unlock Greek bailout cash

Location:

GREECE

This allowed the Eurogroup of euro-area finance ministers to authorise the release of 12 billion euros (12.8 billion dollars) from the latest bailout package of 86 billion -- 2…

Greece's Syriza will proceed grudgingly with sell-offs

Location:

GREECE

Greece's Memorandum of Understanding (MoU) with its international creditors assumes that privatisation proceeds will contribute significantly to the financing of Greece's third…