Archive » June 2013 » 20 June 2013 The english news from 20 June 2013
Garanti Bank estimates a step-by-step cut of the monetary policy rate, according to the Quarterly Macroeconomic Report
A softening monetary policy might play an important role in stimulating both domestic consumption and investments through the re-launch of lending activity, Garanti Bank, one of the most dynamic and innovative banks in the local market, estimates in its Quarterly Macroeconomic Report corresponding to the second quarter of this year. …
Structural reforms are painfully progressing in the Eurozone - Better news come from the EU periphery
The negative impact of a weaker international environment on exports and ever higher unemployment numbers weighing on demand will continue to dampen growth, extending the recession further this year than previously predicted. Despite some positive signs of improvement across the region little or no pick up this year can be expected unless the ECB takes further significant action, according to the summer Ernst & Young Eurozone Forecast (EEF).…