International finance
A National Council on Migration, Borders, Asylum and Integration is Being Established
The Government adopted a decree establishing a National Council on Migration, Borders, Asylum and Integration in place of the National Council on Migration and Integration.
Turkey's current account gap shrinks in June
Turkey's current account balance posted $548 million deficit this June, the nation's Central Bank said on Aug. 9.
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Foreigners continue buying Turkish assets
Foreign investors have continued to add Turkish assets to their portfolios, the latest data from the country's Central Bank showed on Feb. 7.
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Investors focused on Treasury bonds in Turkey
Turkish Treasury and Finance Ministry will start issuing dollar- and euro-denominated bonds, as well as gold bonds and lease certificate based on gold starting on Dec. 17.
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Turkey's current account balance posts surplus in October
Turkey's current account balance posted a surplus in October for the third month in a row, the country's central bank announced on Dec. 11.
Bulgarian Central Bank Approves OTP's Purchase of SocGen's Local Business
Bulgaria's central bank has given Hungary's OTP Bank the green light to buy Societe Generale's Bulgarian businesses, the central bank said in a statement on Wednesday, reports Reuters.
EBRD invests in Turkish retailer's lira-denominated bond
The European Bank for Reconstruction and Development (EBRD) announced on Friday it has invested in lira-denominated bond issued by Turkish retailer Migros.
Greece and the 10th anniversary of the global financial crisis
We are at the 10th anniversary of the global financial crisis that laid ruin to the Greek economy. The overriding lesson of the global crisis is the persistently weak governance of the global financial system. I count six basic blunders that cost the world trillions of dollars in lost output and years of anguish.
Societe Generale Close to Sale of Bulgarian Bank to Hungary's OTP
SOFIA (Reuters) - French bank Societe Generale (SOGN.PA) is in final talks to sell its Bulgarian unit to Hungary's OTP Bank OTPB.BU and is likely to announce the deal this month, two sources familiar with the process said.
Greek current account swings to surplus in May, tourism revenues rise
Greece's current account balance swung to a surplus in May compared to the same month a year earlier on the back of improvements in all of its main components, including the services and trade balances, the Bank of Greece said on Monday.