Russian mortgage applications have spiked thanks to lower interest rates, Russia’s Agency for Housing Mortgage Lending (AHML) reported Monday. Total borrowing is expected to hit 1.5 trillion rubles ($23 billion) by the end of 2016, returning to a pre-crisis high of 1.8 trillion rubles ($30 billion) by the end of 2017. Source: Moskow Times
GEFIRA provides in-depth and comprehensive analysis of and valuable insight into current events that investors, financial planners and politicians need to know to anticipate the world of tomorrow; it is intended for professional and non-professional readers.
Yearly subscription: 10 issues for 225€
The Gefira bulletin is available in ENGLISH, GERMAN and SPANISH.
Turkey and Russia have reached an agreement in principle on the delivery of Russian-made S-400 long-range surface-to-air missile systems to the Turkish side and are negotiating the price and joint production issues, Turkey’s Foreign Minister Mevlut Cavusoglu said on Friday. Source Tass
There is suspicion that Turkish intelligence is behind the statements about the redrawing borders in the Balkans and “the spread of the Greater Albania idea.” Source B92
The Turkish Intel Agency MIT has been ordered by president Erdogan to start preparing Albanians in the Balkans to wage war against Serbia, Macedonia and Montenegro, reports Serbian daily Informer. For over six months, preparations have been underway for Turkey to establish control over the Balkans, using albanians as their proxies. Attack is planned on North Kosovo, but also southern Serbia, NW Macedonia (Skopje and Kumanovo) and southern Montnegro (Ulcinj). MIT operatives are coordinating all their activities from Pristina. Source Mina