Türkiye Bankalar Birliği (TBB) ve Uluslararası Finans Enstitüsü (IIF) iş birliğiyle, 10 Mayıs tarihinde “Türkiye Sürdürülebilir Finans Forumu” düzenlendi. İstanbul Finans Merkezi, Ziraat Bankası Genel Müdürlük Oditoryumunda düzenlenen toplantının açılış konuşmalarını

'There are three important keywords that shall guide us in the current era of challenges: sovereignty, competitiveness and cooperation' (Deputy Governor, Barnabás Virág)

'There are three main challenges of the Polish economy: energy sector transformation, digital transition and unfavourable demographics.' (Marta Kightley, First Deputy Governor, Narodowy Bank Polski)

The ifo Institut business confidence index for Germany declined to 86.9 in July from 88.8 in June. This was rather an unexpected decline, as many economists were predicting a slight improvement IIF OECD ➡️ Better Policies for Better Lives IMF Germany in the EU

There is some pessimism about the German economy’s near-term outlook, which clouds the macro outlook for the CEE region and Turkey News , as b is their main export market IIF Ugras Ulku European Central Bank European Commission

Turkey News b IIF Ugras Ulku European Central Bank European Commission Foreign demand for German exports, especially from China, is not picking up at the expected pace, which weighs on manufacturing activity in the Euro Area, Central Europe, and Turkey News Ugras Ulku OECD ➡️ Better Policies for Better Lives The Economist

Turkey News b IIF Ugras Ulku European Central Bank European Commission Central Europe OECD ➡️ Better Policies for Better Lives The Economist Tuesday real GDP flash estimates for Hungary and the Czech Republic should, then, gather attention. Continued real wage increases and robust private consumption, suggest a slight pick-up in 2024Q2 growth in Hungary and in the Czech Republic Ugras Ulku IIF

Turkey News b IIF Ugras Ulku European Central Bank European Commission Central Europe OECD ➡️ Better Policies for Better Lives The Economist The ParlamentníZprávy.cz NB will probably reduce interest rate cuts to 25 bps on August 1 after July’s 50 bps reduction, as tight labor market conditions and double-digit nominal wage increases are clouding the inflation outlook for the Czech Republic and Central Europe Daily News Hungary

In this #IIF CEEMEA Views, we share our perspective on how central banks in the CEE-4 (#CzechRepublic , #Hungary, #Poland, and #Romania ) might adjust their policies into 2025 in light of current geopolitical and economic conditions. Full report: iif.com/Publications/I…

In this IIF CEEMEA Views, we discuss possible spillovers from weakness in global trade on the growth outlook for the Emerging Europe region (#CzechRepublic, #Hungary, #Poland, #Romania, #Türkiye, #Ukraine, and #Russia). Read full report: iif.com/Publications/I…

📣 #Europe needs Draghi's reforms to boost growth, argue Marcello M. Estevão and @ugrasulkuiif in a new Global Macro Views report exploring the underlying drivers of Europe's weak growth performance. IIF members can read the full report here: ow.ly/V3Qc50TCm5V

We're welcoming Minister of Treasury and Finance for the Republic of Türkiye, Mehmet Şimşek Mehmet Simsek, to the stage to speak with IIF's Ugras Ulku #IIFinDC

In a 🆕CEEMEA Views🕶️ Ugras Ulku summarizes key takeaways from a recent IIF research trip to Türkiye, focusing on near-term policies and an anticipated #RateCut driven by the rising ex-post real policy interest rate. Read Here: ow.ly/YMxy50UqhMs

IIF TOP #EMEurope Report of 2024 🏆CEEMEA Views – Türkiye: Trip Notes 🔗 ow.ly/HgBL50Ux1R8 🔍Looking for more? Follow the experts: Ugras Ulku Candice

🗣️ Can Germany Ramp Up Public Investment? IIF experts Marcello M. Estevão and Ugras Ulku assess the country's #fiscal space to determine the extent to which public #investment can be increased without jeopardizing public #debt #sustainability. Read Now: ow.ly/pX1F50UVB9A

Views on Europe: Marcello M. Estevão & Ugras Ulku discuss trajectory differences of the U.S. & euro area labor markets, such as how euro businesses have mainly adjusted the work hours of existing employees, rather than reducing headcount 📊 Read More: ow.ly/RpBU50V6ek2

Potential #tariffs from the U.S. on the EU: #Autos would be the most significant. Ugras Ulku reports that Germany would be hit the hardest, but much of #EM Europe would be at risk, with Hungary and the Czech Republic being the most exposed. Read More: ow.ly/Nw1I50VgM6H

Trump Shock: Will it push pro-growth, pro-competitiveness & pro-defense policies? Arend Kapteyn of UBS, Christian Keller of Barclays Bank Barclays Investment Bank, Mahmood Pradhan of Amundi & Debora Revoltella of European Investment Bank join Ugras Ulku to discuss boosting #European productivity. #IIFinDC

CEE-3 central banks are expected to remain cautious amid heightened #geopolitical tensions and persistent #inflation risks - food inflation & unstable #oilmarkets could trigger a spike in fuel inflation 📊 Read More: ow.ly/Q4NS50WqKjv

From Ugras Ulku: we expect the CEE-3's regional growth momentum will be accompanied by a steady increase in nonresident #capitalinflows from $67 billion in 2024 to $90 billion in 2025 - and further to $102 billion in 2026 📈 Read More: ow.ly/J4AT50WrU3y