bne_newspaper_February_01_2019

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Content:
2 Top Stories
7 The Regions This Week 11 Chart
13 Central Europe
16 Southeast Europe
18 Eastern Europe 21 Eurasia
24 Opinion
27 Lists24 Lists
February 1, 2019 www.intellinews.com
Turkey’s inflation fever: central bank cuts forecast, eggplants vanish from shelves
Akin Nazli in Belgrade
Turkey’s central bank has cut its end-2019 con- sumer price index (CPI) inflation forecast to 14.6%. The outlook, given in the national lender’s first inflation report for 2019, moves the estimate down from the 15.2% predicted in last Octo-
ber’s inflation report, central bank governor Murat Cetinkaya said on January 30 at a press briefing. In the first inflation report of 2018 released in
Investors shrug off politics to boost deal value in emerging Europe
Clare Nuttall in Glasgow
Investors largely ignored political instability in emerging Europe in 2018, as the value of M&A deals in the region soared by 20.1% during the year, according to a report published by law firm CMS in cooperation with information service EMIS.
Deal value across the region reached €80.5bn, the second-highest value in the last five years, in
January last year, the central bank forecast that at end-2018 inflation would stand at 7.9%. In the second inflation report released three months later in April of last year, the end-2018 inflation forecast was raised to 8.4%. In the third inflation report of last year, released in July, the forecast
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2018, which the “Emerging Europe M&A Report 2018/19” said was “fuelled by string of ‘mega- deals’” in the telecoms and IT sector in particular.
And while deal making in Russia, still the top loca- tion for deals in the region, remains subdued, ap-
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