The European Central Bank could be expected to continue its bond-buying program known as quantitative easing (QE) into 2019 despite announcing at its most recent policy meeting that the region’s growth prospects now look “broadly balanced”, Societe Generale has suggested. Source CNBC
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.
The Gefira bulletin is available in ENGLISH, GERMAN and SPANISH.
The German government is considering scrapping a scheme that supports companies operating in Turkey. The move comes after reports surfaced that Turkey had issued a blacklist of German companies it accuses of supporting terrorism. Source Deutsche Welle
Turkey wants Israel to use its clout to push Cyprus into allowing a pipeline to pass through its waters so the region’s natural gas can be exported to Europe. Source: Bloomberg
China is willing to strengthen cooperation with Palestine on trade, infrastructure, human resources and capacity building to improve its economic development and people’s well-being, Premier Li Keqiang said Wednesday. Source: China daily