Europe

The EBRD’s Penumbral Pendulum

The EBRD’s regional economic team cut GDP growth this year to less than 1.5 percent due to Russia/Ukraine’s “heavy shadow” ...

Europe’s Uphill Stress Test Treadmill

The ECB offered a first EUR 400 billion slice in 3-year targeted liquidity on a path to reflating its balance ...

Poland’s Rotten Apple Remnants

Polish shares stayed negative with Russia’s fruit and vegetable ban slicing one-tenth of agricultural exports, as the GDP growth forecast ...

Turkey’s Trumped Triple Triumph

Turkish financial assets held firm as two-term limited Prime Minister Erdogan continued political dominance with an over 50 percent first ...

Russia’s Spoiled Food Fight Fling

Russian shares down double-digits remained at the bottom of the main MSCI regional pack and also smeared Central Europe markets ...

Portugal’s Hollow Halo Effect

Portuguese financial assets were battered en route to IMF-EU program exit as the central bank took EUR 4 billion out ...

The Balkans’ Muddied Splash Specter

After recording flooding in the region which prompted emergency EU aid and a Russian ban on agricultural exports in retaliation ...

Russia’s Sanctions Sneer Straddle

Russian shares again veered toward double-digit falls dragging Eastern European markets along as the US Treasury imposed the first institutional ...

Iceland’s Molten Bond Rumblings

European debt crisis forerunner Iceland re-entered the euro-denominated sovereign bond space with excess orders for the EUR 750 million at ...

Bulgaria’s Cemented Cyber Attack Toll

Bulgarian shares were upended by orchestrated electronic message runs on two oligarch-controlled lenders, one in partnership with Russia’s VTB, accounting ...

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