COVID-19 and Trump’s indifference helped human rights abusers in 2020
Durov rejects Western funds’ offer to buy 5%-10% of Telegram with $30bn valuation
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Lukashenko: I am no enemy of the people
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New Ukrainian VC firm QPDigital aims to invest up to $100 million in digital startups
EBRD investments reach record €11bn in pandemic-struck 2020
FPRI BMB Ukraine: Most Ukrainians are optimistic about 2021 – poll
OUTLOOK 2021 Lithuania
EBRD says loan to Estonia’s controversial Porto Franco project was never disbursed
Estonian premier quits after Tallinn development scandal
Top Centre Party official suspected of corruption in Tallinn real estate scandal
Czech Pirates and Mayors approve final coalition agreement for 2021 elections
OUTLOOK 2021 Czechia
BRICKS & MORTAR: Rosier future beckons for CEE retailers after year of change and disruption
Romanian tech entrepreneurs expand into banking sector
OUTLOOK 2021 Hungary
Hungarian government remains silent after Capitol riots
Storming parliaments: New Europe's greatest hits
World Bank expects modest recovery for Europe and Central Asia in 2021
FDI inflows to CEE down 58% in 1H20 but rebound expected
OUTLOOK 2021 Slovakia
Slovakia to invest €1.2bn in digitisation
BALKAN BLOG: The controversial recipe for building up Albania
Heavy flooding causes chaos in parts of Southeast Europe
Vodafone Albania plans €100mn infrastructure investments after AbCom merger
OUTLOOK 2021 Albania
Kyiv accuses Bosnian President Dodik of lying about icon gifted to Russian foreign minister
Bosnia’s real GDP contracts 6.3% y/y in 3Q20
Sofia-based LAUNCHub Ventures holds first close of new fund on €44mn
ING THINK: Growth in the Balkans: from zero to hero again?
OUTLOOK 2020 Bulgaria
Labour demand down 28% y/y in Croatia in 2020
Zagreb Stock Exchange's Crobex10 index at highest level since March 5
OUTLOOK 2021 Kosovo
Arrera Automobili aims to launch Albania’s first supercar
World Bank revises projection for Moldova’s 2020 GDP decline to 7.2%
Moldova’s PM resigns to prepare the ground for early elections
Socialist lawmakers in Moldova scrap settlement on $1bn bank frauds
Montenegro’s new ruling coalition carves up top state jobs
OUTLOOK 2021 Montenegro
Vast tide of floating waste threatens Balkan hydropower plants
North Macedonia's manufacturing confidence indicator down by 8.5 pp y/y in December
OUTLOOK 2021 North Macedonia
Transparency International warns of high corruption risk in CEE defence sectors
Moldova fears flooding from Ukraine's planned Dniester hydropower plants
Romania’s industrial recovery paused in November
OUTLOOK 2021 Serbia
Slovenia’s government to release funds to news agency STA after EU pressure
UK Moneyhub picks Slovenia for post-Brexit European base
Slovenia’s dire COVID-19 situation in 4Q20 caused second economic dip
Slovenia’s Eligma completes €4mn funding round
Turkish opposition leader lawsuit demands one lira from Erdogan, police probe “bald” interior minister posts
Akbank takes over Istanbul's Palladium Atasehir shopping mall
OUTLOOK 2021 Armenia
Armenia’s PM cautions conflict with Azerbaijan “still not settled” after trilateral meeting with Putin
COMMENT: Record high debt levels will slow post-coronavirus recovery, threaten some countries' financial stability, says IIF
Russia, Kazakhstan pushing for oil production increases on the back of coronavirus vaccine-fuelled oil price optimism
OUTLOOK 2021 Georgia
Georgia’s political kingpin Bidzina Ivanishvili quits politics
Modern-day “Robin Hood” inspires Georgians drowning in debt
Iran’s navy conducts missile drill while analyst argues Trump even capable of nuclear strike in final days
TEHRAN BLOG: Who’s more credible? Johnson backing Trump’s Nobel chances or Iran applauding arrest warrant for US president?
Central Asia vaccination plans underwhelm, but governments look unruffled
Fears of authoritarianism as Kyrgyz populist wins landslide and backing for ‘Khanstitution’
OUTLOOK 2021 Kyrgyzstan
Mongolia's winter dzud set to be one of most extreme on record says Red Cross
Mongolian coal exports to China paralysed as Beijing demands virus testing of truck drivers
Mongolia fears economic damage as country faces up to its first local transmissions of coronavirus
Mongolia in lockdown after suffering first local coronavirus transmissions
OUTLOOK 2021 Tajikistan
China business briefing: Not happy with Kyrgyzstan
OUTLOOK 2021 Turkmenistan
Turkmenistan: How the Grinch stole New Year
Turkmenistan: The dammed united
COMMENT: Uzbekistan is being transformed, but where are the democratic reforms?
OUTLOOK 2021 Uzbekistan
Uzbekistan’s Makro positions itself for growth in a more competitive market
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Turkey’s President Recep Tayyip Erdogan late on November 30 announced the country’s most widespread lockdown so far amid a surge in coronavirus (COVID-19) infections.
Curfews have been extended to weeknights and a full lockdown will apply over weekends.
Speaking after a Cabinet meeting, Erdogan said the weekday curfew would be implemented between 09:00 and 05:00, while the weekend lockdown would appy from 09:00 on Friday to 05:00 on Monday.
After strong and growing pressure from the medical community and the public, Turkey’s health ministry last week started reporting all positive tests for the virus. Prior to that, it was only releasing the number of symptomatic cases.
Among hardest-hit nations
Since the change to reporting of both symptomatic and asymptomatic cases, daily cases have been running at around 30,000, putting Turkey among the hardest-hit nations in Europe.
Health Ministry statistics on December 1 showed 30,110 confirmed new infections and 190 new deaths. Daily fatalities in Turkey have hit record numbers for nine consecutive days, bringing the country’s acknowledged virus death toll to 13,936. The reality is far more shocking than the official figures, even with the added asymptomatic cases, many health professionals and opposition politicians insist.
The health ministry has not made available the figure on Turkey’s total of symptomatic and asymptomatic cases recorded since the coronavirus outbreak in the country was first officially acknowledged in early March. As things stand, Turkey ranks 18th in the world table of officially recorded infections. Were the missing figure to be released, the country might well move up many places, perhaps even overtaking Iran, which at 14th place, currently officially has the Middle East’s worst difficulties with the virus.
The new curfews began on December 1. Sectors including production, logistics, health care, agriculture and forestry are exempt from the curfews. Grocery stores and food delivery services are allowed to operate within certain hours during the weekend lockdowns.
In the spring, Turkey instituted temporary weekend and holiday lockdowns to fight the spread of the coronavirus, but the current infection and death levels are surging beyond the official spring numbers. Weekend night curfews for the past two weeks have done little to curb people’s movements, with Turkish media showing packed public spaces, The Associated Press reported.
20 health workers die in a week
The Turkish Medical Chamber (TTB) said 20 health care workers died in one week from COVID-19 complications. Intensive care unit bed occupation was around 71%, according to the health ministry, but some health care professionals have argued that in some localities it is much higher than that.
Erdogan also announced that people above 65 or younger than 20, who are allowed out for only three hours a day, would not be allowed to use public transport, those entering shopping malls would have to use a contact tracing code and weddings and funerals would be limited to 30 people. Provincial health authorities would be able to mandate limits on the number of people in malls, bazaars and public spaces like avenues and squares.
Erdogan also called on people to quit smoking, open their windows for proper ventilation and comply with mask-wearing guidelines and social distancing.
Preschools, Turkish baths, saunas, massage parlours, swimming pools and amusement parks have been ordered to close. Restaurants are only permitted to deliver food. Previously they were permitted to operate takeout services.
Erdogan also pledged that 50 million doses of a COVID-19 vaccine would be administered free of charge, starting with health care workers next month. Turkey has an agreement with the Chinese pharmaceutical company SinoVac for deliveries of its vaccine.
Wage support extended
In line with the tighter coronavirus measures, Turkey has extended a government scheme that provides wage support to employees of companies hit by the coronavirus pandemic.
The respective decree, signed by Erdogan and published in the Official Gazette, extends the partial wage support by three months.
The deadline for new applications is December 31 and the scheme covers the following three months.
In September, the government extended by two months the layoff ban it introduced earlier this year to combat the economic impact of the coronavirus pandemic.
Some 33% of Turkey’s labour force work in the informal sector, up from 31.7% a year ago, latest official data shows.
Turkey’s Erdogan administration is still whitewashing the extent of the country’s coronavirus (COVID-19) outbreak despite having released new data that more than tripled the official number of ... more
Turkish telco equipment maker Karel Elektronik (KAREL) has ... more
In terms of infections, Turkey now officially has the worst coronavirus (COVID-19) outbreak in the Middle East, data updated following Ankara’s decision to offer more transparency about the extent ... more
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