Turkey's external deficit remains on a narrowing path
The improvement trend in Turkey's current account has continued in June driven mainly by accelerating recovery in services balances and tourism revenues
Russia: Corporate foreign debt steady, but equity keeps leaking
Russian corporate foreign debt remained relatively flat in 2Q21, suggesting the likely neutrality of the upcoming US$33bn gross redemption in 2H21 for the…
Turkey: External deficit at its lowest since 2003
External balances remained on a recovery track in May, while a monthly surplus and capital flows contributed to an increase in reserves.
The external deficit continued to recover in March, while the outlook for capital flows has remained weak, leading to a decline in reserves
BMW has just announced it is building a manufacturing plant in Debrecen, Hungary, following the lead of Audi and Mercedes, which have also built factories…
