The current account data released across the region over the past week show that external positions have continued to improve in some countries (notably Turkey), while in others they are deteriorating and (in Romania’s case) look increasingly worrying. Otherwise, Turkey is a potential candidate to join the BRICS group, which holds its annual meeting next week. But we don’t think membership would provide significant economic benefits. Finally, we will be watching closely to see if there is any shift in Gaza ceasefire talks following Israel's killing of the Hamas political leader Yahya Sinwar.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services