TÜRKIYE
The devastating earthquakes are set to weigh on Türkiye’s GDP growth, in light, inter alia, of external imbalances, posing new challenges to economic policy
The expansionary policy mix pursued by authorities ahead of the elections should feed market volatility
BULGARIA
Political uncertainty persists, with Bulgaria heading for a 5th Parliamentary election in 2 years
Still elevated inflation and tightening financing conditions, together with weakening external demand from the EU, should weigh on the economy in the period ahead
APPENDIX:
DETAILED MACROECONOMIC DATA
REGIONAL SNAPSHOT: MACROECONOMIC INDICATORS & FINANCIAL MARKETS
Southeastern Europe & Mediterranean Emerging Market Economies: Bi-Weekly Report 24 January - 6 February 2023