Money
Turkey has 'no fear' of a Fed rate hike: Central Bank head
Central Bank Governor Erdem Ba?ç? said Turkey has no fear of a planned interest rate hike by the U.S. Federal Reserve (Fed) and the bank is ready for normalization.
"Pensions and salaries increase won't be symbolic"
A planned salaries and pensions hike will not be symbolic, but will also not jeopardize the path of reforms, says Minister of Finance Dusan Vujovic.
Vujovic told B92 on Thursday that Serbia is now, thanks to savings, in a position to "bring back" salaries and pensions, and not only to the previous level, "but to a much higher level in the coming years."
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Albania Charges Former Central Bank Governor
Prosecutors in Albania on Tuesday said they had charged former central bank governor Fullani with dereliction of duty over the theft of some 713 million lek (five million euro) and over the purchase by the bank of a state-owned property in 2010.
Fullani, 60, was arrested on September 2014 but released pending further investigations few weeks later.
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Bulgaria MPs to Vote on Appointment of C-Bank Deputy Governors
Parliament is to vote Wednesday on the appointment of the three Deputy Governors at the country's central bank, the Bulgarian National Bank (BNB).
Bulgarian Parliament Approves Pension Reform at Second Reading
The Bulgarian Parliament approved at second reading on Tuesday the amendments to the Social Insurance Code.
A total of 97 MPs voted in favour of the pension reform of Deputy Prime Minister Ivaylo Kalfin, 20 MPs voted against and 10 abstained, daily Dnevnik informs.
Checks with 2-D codes now in use in Turkey
As it is widely known, a check is a document that carries an official order for a specific bank to pay a certain amount of money from the issuer's (drawer) bank account to the person holding the check or the person in whose name the check has been originally issued.
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Capital Controls in Greece: Get the facts!
The Hellenic Bank Association (HBA) issued guidelines for capital controls in Greece. Here are 10 banking facts that borrowers should bear in mind:
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Bulgaria's May Gross Foreign Debt Down 4% from 2014
Bulgaria's gross foreign debt decreased by 1.59 B, or 4% at the end of May compared to the end of 2014, reaching EUR 38.18 B, or 88.9% of the projected 2015 Gross Domestic Product, official data showed on Tuesday.
Greek tricks to bypass capital controls
Since the capital controls stormed into the everyday lives of ordinary Greeks it took us some time to adjust and find our footing. How to go about the mundane tasks of withdrawing some cash to visit the supermarket, or pay the private school for the kids etc. But to paraphrase the saying a little ‘necessity is the mother of inventiveness’.
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Banking Supervision in Bulgaria 'Not Strictly Applied' in Past Years
Banking supervision procedures were not strictly applied in Bulgaria in recent years, the head of the country's national auditing body has said.