Financial economics

The annual rate of CPI inflation is expected to maintain its upward trend until the end of the year, when it will reach the level of 3.4 pct, and will fall to 2.8 pct at the end of 2022, the Report on Inflation of the National Bank of Romania (BNR) reads.

Turkey's annual inflation rate is projected to rise to 15.45% in February, an Anadolu Agency survey found on Feb. 26. 

Turkey's annual inflation rate in January was 14.97%, up 0.37 percentage points from the previous month.

The Turkish Statistical Institute will announce February's consumer prices index on March 3 Wednesday.

Turkey posted a 14.97% annual rise in consumer prices in January, the country's statistical authority announced on Feb. 3. 

The annual figure was up 0.37 percentage points last month, rising from 14.60% in December 2020, according to the Turkish Statistical Institute (TÜİK).

The inflation rate in January 2020 stood at 12.15%, data showed.

Online brokers used by retail investors blocked the trade of the affected stocks

The state coffers got a 3.5-billion-euro boost on Wednesday through the issue of a new 10-year bond, with Greece registering two new records: Its biggest ever book of offers for a Greek sovereign bond and its lowest ever cost of borrowing.

Turkey's short-term external debt stock amounted to $134.6 billion as of the end of November, official data showed on Jan. 15. 

The country's external debt stock -- maturing within one year or less- rose by 9.5% in November versus the end of 2019, according to the Turkish Central Bank.

The minimum wage will be indexed on Wednesday, in the Government meeting, by 3.1%, namely 70 lei gross, and the pensions will be increased this year at least by the inflation rate, Minister of Labor Raluca Turcan told private broadcaster Digi 24 Tuesday evening.

Turkey's short-term external debt stock amounted to $132.8 billion as of the end of October, official data showed on Dec. 17.

The country's external debt stock - maturing within one year or less - rose by 7.8 percent in October versus the end of 2019, according to the Turkish Central Bank.

The Central Bank of the Republic of Turkey (CBRT) on Nov. 27 revised its regulations on reserve requirements to improve the effectiveness of the monetary transmission mechanism in the country.

In line with its main objective of price stability through monetary tightening, the bank decided to simplify its reserve requirement regulations, it underlined in a written statement.

Terna Energy has decided to boost its capital by €50.1 million through private placement.

The decision will officially be taken at a general assembly on September 1 at company headquarters. If approved, the company will issue 4,556,757 common shares of a nominal value of €0.30 each, which will be distributed via private placement at an expected price of at least €11.