European Central Bank Executive Committee Member Panetta: Eurozone economic risks tend to be downward.

European Central Bank Executive Committee Member Panetta: Risks to price stability in the euro area still exist.

ECB Executive Member Panetta: Italy’s growth rate is expected to remain below 1% in 2024.

Turkish Finance Minister: When reserves are sufficient, we will cut tax benefits of the Foreign Exchange Protection Deposit Scheme.

Turkish Finance Minister: With the revision of monetary policy, lira deposits have become attractive.

Market News: The EU is close to reaching an agreement with South America on the elusive Mercosur trade agreement.

Spanish Secretary of State for Energy: Renewable energy is expected to produce more than 50% of Spain’s electricity in 2023.

Turkish Finance Minister: Inflation rate is expected to begin to decline in the second half of 2024.

Market news: Lufthansa will not seek to sell a minority stake in Lufthansa Technik.

Bank of England: Businesses expect average wages to rise by 5.1% in the next year.

Bank of England: Business inflation expectations for the next year are 4.4%; inflation expectations for the next three years are 3.2%.

CEO of German energy giant Uniper: European natural gas demand remains uncertain in the short term.

CEO of German energy giant Uniper: Europe still faces natural gas supply challenges.

Turkish Finance Minister: Gulf countries show interest in investment.

CEO of German energy giant Uniper: Germany’s budget crisis poses a challenge to the energy transition.

Turkey’s Finance Minister: The budget deficit in 2023 may be lower than predicted in the medium-term plan.

Turkish Finance Minister: Domestic demand will gradually stabilize during rebalancing.

Market news: The Danish central bank will issue new banknotes and cancel the 1,000 Danish kroner note.