Europe
Cheaper Liquidity Shows Central Support for Spain Regions
The FINANCIAL -- The Spanish government's announcement that it will further reduce the cost of the funding it supplies to...
EBRD provides €30 million loan to Turkish beverage producer Uludağ
The FINANCIAL -- The European Bank for Reconstruction and Development (EBRD) is providing a €30 million loan to the Turkish...
EBRD partners with Finansbank to support women-led SMEs in Turkey
The FINANCIAL -- The European Bank for Reconstruction and Development (EBRD) is providing €50 million to Finansbank to support women...
World Bank Lowers 2014 GDP Growth Estimate for Turkey to 3.1 Percent, Maintains 2015 Forecast
The FINANCIAL -- A weak Q3 GDP print means end-year growth is likely to come in just above 3 percent....
The equity held by asset managers amounts to nearly 40% of the free float of European firms
The FINANCIAL -- Based on the staff costs, taxes paid and profits of the industry, it is estimated that the...
Eurozone GDP growth to pick up to 1.2% in 2015 from 0.8% in 2014
The FINANCIAL -- Although the second half of 2014 saw a continued slow pace of recovery and a revival of...
New World Bank Report Looks at Turkey’s Rise to the Threshold of High-Income Status and the Challenges Remaining
The FINANCIAL -- Steady growth over the past decades has brought Turkey to the threshold of becoming a high-income economy;...
European luxury consumers plan to spend over €9,000 during the festive period, according to Deloitte
The FINANCIAL -- Luxury consumers across Europe plan to spend over €9,000 (US $11,190) on gifts during the festive period,...
Creative and cultural industries play key role in European recovery
The FINANCIAL -- Creative and cultural industries are undeniably part of the solution to the economic crisis that has had...
EBRD connects Macedonian Railway Corridor to Turkey
The FINANCIAL -- The EBRD is making a loan of up to €145 million to finance the modernisation of railway...
ACWA Power’s US$ 1 billion power plant in Turkey wins EBRD support
The FINANCIAL -- A US$ 1 billion combined-cycle gas turbine power plant will be built in Turkey near the city...
EBRD further reduces stake in Poland’s Bank Zachodni WBK
The FINANCIAL -- The EBRD has further reduced its equity stake in Bank Zachodni WBK S.A. (BZ WBK), one of...
Eurozone’s reliance on Germany for economic growth looks shaky
The FINANCIAL -- Eurozone growth is stuck in neutral, with Germany unlikely to ride to the rescue according to PwC...
European Insurers Benefit from Improved Markets Despite Ongoing Pressures
The FINANCIAL -- While European insurers benefited from noticeable financial market improvements during 2013, they have continued to operate in...
European Bank Intrinsic Strength Recovery Continued in 3Q
The FINANCIAL -- Developed market European banks had the largest number of Viability Rating (VR) upgrades out of Fitch Ratings'...
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