Mathematical finance

The extent of losses each enterprise has suffered in March will be one of the key criteria determining its eligibility for a state loan dubbed the "Deposit to Be Returned," as well as its size.
The Finance Ministry will compare the company's March turnover for each of the last three years and, using an algorithm, will calculate the lost profits.

For the first time in history, Romania on Thursday borrowed money at a negative interest rate, acting Finance Minister Florin Citu announced on Thursday at the opening of a government meeting.

Ali Bilaloğlu, the chairman of the Automotive Distributors' Association (ODD), has welcomed the Central Bank's latest decision to further cut its interest rates, saying this move may reduce consumers' borrowing costs and boost vehicle sales.

Turkey will see a downward trend in interest rates in the coming days, the country's finance and treasury minister said on July 30.

U.S. job growth rebounded strongly in June, but moderate wage gains and mounting evidence that the economy was slowing sharply could still encourage the Federal Reserve to cut interest rates this month.

The Federal Reserve raised its key interest rate Wednesday for the fourth time this year to reflect the U.S. economy's continued strength but signaled that it expects to slow its rate hikes next year.

The Board of the National Bank of Romania (BNR) decided at its meeting on Tuesday to maintain the key interest rate at the level of 2.50pct per annum and to maintain the current levels of the mandatory minimum reserves for liabilities in lei and in foreign currencies of credit institutions, the central bank announced.

Investors appear wary of the expansion of listed group Motor Oil into the domain of the media. The company's stock, one of the most reliable and stable securities on the Greek stock market, started sliding on the day after the announcement of the acquisition of a 50 percent stake in broadcaster Alpha TV, shedding almost 20 percent of its value in just two days.

Fitch has downgraded its assessment of four Turkish banks on Sept. 11 due to increased risks to the banks' performance following the recent market volatility and higher chances of a "hard landing" for the Turkish economy.

How do developed economies maintain their low interest rates?