Debt deal a credit positive for Greece, Moody's says
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- Category: Economy
- Published on Monday, 25 June 2018 10:53
A debt relief package offered to Greece by its creditors last week is credit positive for the overborrowed country, rating agency Moody’s said on Monday (25.06.2018).
Read more: Debt deal a credit positive for Greece, Moody's says
Greece and creditors proclaim 'end of crisis'
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- Category: Economy
- Published on Monday, 25 June 2018 10:51
"The Greek crisis ends here, in Luxembourg, tonight".
EU energy deal targets 32 pct renewables by 2030
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- Category: Economy
- Published on Friday, 15 June 2018 15:06
EU Parliament and Council negotiators struck a deal on 13.06.2018 for a share of energy from renewables of at least 32% of the EU's gross final consumption in 2030, with an upwards revision clause by 2023.
Exclusive: Italy's new government to review TAP gas pipeline
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- Category: Economy
- Published on Tuesday, 12 June 2018 10:46
A plan to build the final stage of a $40 billion international gas pipeline in Italy is under review, the country’s new environment minister said, calling the project “pointless”.
Read more: Exclusive: Italy's new government to review TAP gas pipeline
Kosovo Parliament votes for unification of customs with Albania
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- Category: Economy
- Published on Wednesday, 06 June 2018 12:55
Kosovo Parliament has voted on 05.06.2018 a resolution on unification of customs wit Albania. The vote came only a few days after MPs voted two resolutions on scrapping roaming charges and removing controls at the border.
Read more: Kosovo Parliament votes for unification of customs with Albania
Russia's Gazprom signs protocol with Turkey on TurkStream gas pipeline Russian state gas giant Gazprom said on May 26 it had signed a protocol with the Turkish government on a planned gas pipeline and agreed with Turkish firm Botaş to end an arbitration
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- Category: Economy
- Published on Sunday, 27 May 2018 05:53
Russian state gas giant Gazprom said on May 26 it had signed a protocol with the Turkish government on a planned gas pipeline and agreed with Turkish firm Botaş to end an arbitration dispute over the terms of gas supplies.
Turkish Central Bank moves to stop lira’s fall
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- Category: Economy
- Published on Friday, 25 May 2018 08:28
Turkey’s Central Bank sharply raised its key lending rate after markets closed on May 23 in a bid to stem an outflow of capital from the country, control inflation and support the beleaguered currency.
Turkey’s current account deficit grows
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- Category: Economy
- Published on Tuesday, 15 May 2018 07:29
Turkey’s current account deficit hit $4.8 billion in March, marking an increase of $1.7 billion, year-on-year, the Turkish Central Bank (CBRT) announced on May 14, 2018.
TANAP project to enter into service in June: Turkish minister
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- Category: Economy
- Published on Friday, 11 May 2018 13:26
The Trans-Anatolian Natural Gas Pipeline (TANAP) project will enter into service as of June 12, Energy and Natural Resources Minister Berat Albayrak said on May 11, 2018.
Read more: TANAP project to enter into service in June: Turkish minister
Tourism ever more vital to country’s economy
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- Category: Economy
- Published on Thursday, 10 May 2018 06:14
Tourism constitutes the antidote to recession and unemployment, according to a study by the Institute of the Greek Tourism Confederation (InSETE), as the sector’s overall contribution to the country’s gross domestic product has recently ranged between 22.6 and 37.3 percent, or 40.3-48.5 billion euros, while in the July-September period of last year tourism accounted for more than one in every six jobs (16.9 percent).
Erdoğan summons urgent economy meeting as Turkish Lira plunges
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- Category: Economy
- Published on Wednesday, 09 May 2018 10:40
President Recep Tayyip Erdoğan summoned top members of the government’s economic administration for an urgent meeting on May 9, 2018 amid continued plunges in the value of the Turkish Lira.
Read more: Erdoğan summons urgent economy meeting as Turkish Lira plunges
Fitch: Improved prospects for Greek debt sustainability; debt at 132.8% in 2026
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- Category: Economy
- Published on Friday, 27 April 2018 05:26
Fitch ratings on Thursday (26.04.2018) noted that Greece's second-consecutive budget surplus "demonstrates the authorities΄ continuing commitment to fiscal consolidation"
Read more: Fitch: Improved prospects for Greek debt sustainability; debt at 132.8% in 2026
Россия расширяет плацдарм на востоке Европы (в Хорватии)
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- Category: Economy
- Published on Wednesday, 25 April 2018 10:48
Многолетние усилия Хорватии отбиться от попыток российских компаний инвестировать в хорватскую экономику, пишет Bloomberg*, не дали результата. Российский бизнес со дня на день станет одним из крупнейших иностранных инвесторов на юго-востоке Евросоюза.
Read more: Россия расширяет плацдарм на востоке Европы (в Хорватии)
Bulgarians severely materially deprived still highest in EC
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- Category: Economy
- Published on Wednesday, 25 April 2018 07:14
The percentage of people in Bulgaria classed as severely materially deprived dropped from 45.7 per cent in 2010 to 30 per cent in 2017, according to figures released on April 24 by EU statistics agency Eurostat.
Read more: Bulgarians severely materially deprived still highest in EC
Turkish businesspeople moving their assets abroad will not be forgiven: Erdoğan
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- Category: Economy
- Published on Monday, 23 April 2018 08:57
President Recep Tayyip Erdoğan has said businesspeople attempting to protect their assets by sending them out Turkey will “not be forgiven.”
Read more: Turkish businesspeople moving their assets abroad will not be forgiven: Erdoğan
