Page 68 - bne_Magazine_September_2018

70 I New Europe in Numbers bne September 2018
Turkey's Short-term External Debt Stock
Turkey obliged to repay $179bn in foreign debts within one year as of end-June
Turkey’s short-term external debt stock moved down by 2% q/q to $120bn at the end of June, the country's central bank said on August 16. External debt maturing within one year or less regardless of the original maturity stood at $179.1bn at the end of June, down from $180.6bn at the end of May, it added.
According to the figures, the public sector is on the hook for a total of $32bn in foreign debt, including $28bn owed by public banks, in the coming one year period. The private sector, meanwhile, is obliged to pay $146bn, in- cluding $74bn faced by private banks and $65bn by non-financial companies.
Ukraine economic growth accelerates to 3.6% y/y in April-June
Ukraine's GDP grew by 3.6% year-on-year in April-June, following a 3.1% y/y growth in January-March, the Ukrstat state statistics service reported on August 14.
The country's economic growth both in the first and the second quarters of 2018 taking into account the seasonal factor stood at 0.9% y/y.
"The economy of Ukraine has been growing for 10 consecutive quarters," Interfax news agency quoted Ukrstat's statement released the same day. "An increase in commodity exports has become one of the factors of growth. In the first half of the year, this indicator grew by 12.7% y/y."
Slovenia records its highest job vacancy rate since 2008
Slovenia’s job vacancy rate in the second quarter of the year stood at 2.6%, the highest since 2008. It went up 0.1pp up compared to the previ- ous quarter as well as 0.4pp up against the same quarter of 2017, the statistical office announced on August 9.
Labour markets across the CEE region are seeing a fall in unemplym- ent and companies are increasingly struggling to fill vacancies, as their economies grow.
Slovenia recorded the lowest job vacancy rate (0.6%) in the second half of 2009.
Foreign investors selling Russian stocks for 15 weeks straight
A lacklustre economic performance and fears of new sanctions have led investors to sell Russian stocks for 15 weeks in a row. In the week ending August 1 non-residents sold another $10mn worth of Russian stocks, after selling $110mn the week before, finanz.ru reports.
Funds focusing exclusively on Russia sold $40mn worth of securities in the last week of August and $130mn in the last two, according to a review published by BCS Global Markets.
Funds invested into vehicles like ETFs, which include Russian stocks in a basket, added $30mn in the same week, but not enough to bring the total inflows into the black.
Ukraine's GDP Quarterly Growth % y/y
Russia Stock Market Index (eop)
www.bne.eu