Financial economics

Turkey’s new central bank chief assures that work to combat inflation will press on

Τhe work to tame inflation in Turkey - namely through interest rate hikes - will continue "with determination," the country's new central bank chief said Thursday, offering some certainty about efforts to right the battered economy following his precedessor's surprise resignation.

Bulgarian Telecom Companies Announce Price Hike in Response to Inflation

Bulgarian telecommunications companies are set to implement price increases this year, citing the impact of inflation. This follows a similar adjustment in February 2020. While Vivacom and A1 have confirmed the upcoming indexation, Yettel has chosen not to comment at this time.