During complex times for Turkey, banks, at least, can rest assured that their system is running smoothly, is well capitalized and well regulated.
Central & Eastern Europe
Newsmakers | Slovakia
Since he first became prime minister 10 years ago, Robert Fico has been the great survivor of Slovakia’s febrile and unpredictable political scene.
In November the European Investment Bank published its latest Bank Lending Survey for Central Europe and Southeastern Europe.
The International Monetary Fund decided last month to alter its long-standing policy of not lending to countries with arrears to official creditors—national governments or agencies they sponsor—thereby enabling it to continue lending to Ukraine should it fail to repay on time a $3 billion bond due to Russia.
Unlike some of its Eastern European neighbors, the Czech Republic has shunned joining the eurozone and has surprised many with its stable and healthy levels of economic growth. However, progress is still needed on business transparency.
Bulgaria’s multilingual workforce attracts foreign investors, but corruption is a problem.
When the Justice and Development Party (AKP) swept elections in November, financial markets were focused neither on prime minister Ahmet Davutoğlu, nor on president Recep Tayyip Erdoğan. All eyes were on new deputy prime minister Mehmet Şimşek, the former Finance minister, who may be the only reformer within the largely statist AKP.
Elections over, Turkey firms up plans to become a financial hub.
Q+A with Juraj Bojkovský, Director Of Electronic Distribution Channels At Tatra banka
Central Europe and the Southeast revive, while the CIS struggles with low oil prices and sanctions.
Montenegro tries to keep the foreign direct investment environment as simple as possible.
Italy: Sergio Marchionne, the 63-year-old CEO of Fiat Chrysler Automobiles (FCA), is celebrated as the mastermind of one of the few successful mergers in the industry’s history, the marriage of Fiat and Chrysler.
Global Finance’s annual evaluation of the work of the world’s central bankers found some stellar performances, and some dismal ones. The toughest challenge for many: propping up falling prices.
CEE Regional Report
The unorthodox policies of prime minister Viktor Orbán may be controversial, but they’ve helped kick-start the country’s economy. Most of the other CEE nations are also mounting turnarounds..