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The size of the rate hike attests to the CBR’s determination to tame domestic price rises at all costs, even though this is likely to restrict credit growth and dampen output. The…
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DOI: 10.1108/OXAN-DB281638
ISSN: 2633-304X
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Banking-sector stability is vital for the functioning of the Russian economy: bank credit is facilitating economic restructuring. Although the sector withstood the first impact of…
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DOI: 10.1108/OXAN-DB278809
ISSN: 2633-304X
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State-controlled PZU Group, Poland's largest insurer, was already bidding for a 25% stake in Italian-controlled mid-tier lender Alior Bank, and now wants to acquire Austrian-owned…
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DOI: 10.1108/OXAN-DB200029
ISSN: 2633-304X
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The Vollgeld (sovereign money) proposal, which claimed to make the banking system safer by preventing commercial banks creating money through requiring thems to keep 100% of their…
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DOI: 10.1108/OXAN-DB235401
ISSN: 2633-304X
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As state-owned banks apparently intervene to support the lira, the Treasury and Finance Ministry has proposed issuing domestic bonds with yields linked to the revenues of state…
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DOI: 10.1108/OXAN-DB270779
ISSN: 2633-304X
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Banking sector performance.
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DOI: 10.1108/OXAN-DB242490
ISSN: 2633-304X
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Greek debt’s improving attractiveness.
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DOI: 10.1108/OXAN-DB247831
ISSN: 2633-304X
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Russia's foreign and domestic debt position.
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DOI: 10.1108/OXAN-DB213972
ISSN: 2633-304X
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India's banking recapitalisation.
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DOI: 10.1108/OXAN-DB227770
ISSN: 2633-304X
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The lira’s collapse has only fortified President Recep Tayyip Erdogan’s adherence to unorthodox low-interest-rate policies. Rather than changing course, Erdogan has publicly…