bne_newspaper_September_7_2018

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Content:
2 Top Stories
8 The Regions This Week 12 Chart
14 Central Europe
16 Southeast Europe
19 Eastern Europe 22 Eurasia
25 Lists24 Lists
September 7, 2018 www.intellinews.com
Croatia the Adriatic tiger?
Andrew MacDowall in Zagreb
The past ten years have been tough for Croatia — six consecutive years of recession in 2009-14, the near-collapse of its sprawling largest private company and several others coming under se- rious strain, and five different prime ministers including one ousted by a corruption scandal and several that were simply disappointing. Tens of thousands of Croatians are emigrating every
Turkish, Russian devaluations are spilling over into Central Asia and the Caucuses
bne IntelliNews
Currency traders had the weekend off, but on Monday August 27 they were thrown back into the trenches in Istanbul and were selling the lira again. Although nerves have calmed somewhat from the panic that gripped currency markets in recent weeks, because there is still no coherent
Grabar-Kitarovic’s international profile was raised by her appearances at the World Cup, when she regularly donned the national team’s shirt.
year. There has also been mounting international media criticism of alleged attempts to rehabilitate Croatia’s Second World War past.
But President Kolinda Grabar-Kitarovic hopes that the national football team’s thrilling run to the
See page 2
The Turkish lira has lost some 40% of its value since the start of this year.
rescue plan, emergency rate hike or convincing statements that Turkey’s central bank will now stick to a more orthodox monetary policy, FX trad- ers are still jumpy.
See page 5