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Merkel to visit Macron at summer residence around Aug 20
Europe

Merkel to visit Macron at summer residence around Aug 20

  • The meeting between Macron and Merkel, fresh from striking a game-changing deal for the European Union to raise debt for the first time to fund recovery from the coronavirus pandemic.
  • Macron has received only a few notable guests at his presidential mansion of Fort de Bregancon in southern France in the past.
Published 11 Aug, 2020 01:31am
Ratings agencies warn Turkey it may need to hike rates
Europe

Ratings agencies warn Turkey it may need to hike rates

  • Ankara indicated on Friday it would use more backdoor policy tightening to try to stabilise the currency.
  • In an email to Reuters, he added that usable foreign exchange reserves were expected to drop below $10 billion this year from around $30 billion last year.
Published 07 Aug, 2020 11:08pm