(Bloomberg) Turkey’s $1.1 trillion economy probably eked out growth again, avoiding a contraction during a two-quarter stretch when the central bank delivered the bulk of its massive interest-rate hikes.Most Read from BloombergHow Much Wealth You Need to Join the Richest 1% Around the WorldApple to Wind Down Electric Car Effort After Decadelong OdysseyThis Is Where New Migrants Are Going When They Reach the USSupreme Court Immunity Case Jeopardizes Trump Trial Pre-ElectionFlawed Valuations Th
Bank Tier 2 spotlights Turkish risk appetite ifre.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifre.com Daily Mail and Mail on Sunday newspapers.
EBRD steps up trade support with Turk Ekonomi Bankasi ebrd.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ebrd.com Daily Mail and Mail on Sunday newspapers.
EBRD newsletter - Friday 22 January EBRD record investment in 2020 in response to Covid-19 The EBRD responded to the coronavirus pandemic with record investment of €11 billion in 2020 through 411 projects, addressing the urgent needs of the 38 economies where it invests. This represented a 10 per cent increase in annual business investment relative to 2019, when the Bank provided €10.1 billion to finance 452 projects. Major media outlets such as Reuters, AFP and bne IntelliNews reported on the Bank’s operational results in 2020. The results were especially widely reported in countries of operations and complemented by media engagements, for instance in Serbia, Ukraine, Greece and Turkey. The results were also successfully shared on the Bank’s social media channels. The EBRD President tweeted: “We absolutely delivered on our promise to help our countries & clients deal with the economic impact of #COVID19. Now is the time to #BuildBackBetterEconomies”