Monetary policy

Greece, QE programme to top ECB meeting in Nicosia

The European Central Bank, meeting in Cyprus on Thursday, is set to update its economic forecasts and reveal details of its new bond purchase programme, analysts said.

Greece will also be high on the agenda of the ECB's decision-making governing council, following the recent eurozone deal to extend aid to the debt-wracked country, the experts said.

Turkish Central Bank puts blame for high inflation on food prices

The improvement in Turkey's core inflation continued in February, with the slight rise largely due to food prices, the Central Bank announced on March 4.

In a statement after data on March 3 showed consumer prices in February rose by 0.71 percent, slightly lower than expected, the Bank stated that non-food annual inflation continued to fall.

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