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Turkey: Economic growth forecast at 3 pct in 2015: EBRD

The European Bank for Reconstruction and Development forecast growth for Turkey at 3 percent in 2015, in a report released on Thursday. The European Bank for Reconstruction and Development (EBRD) expects the Turkish economy to grow 3 per cent in 2015 and 2.8 per cent in 2016, below the...

EU sees three million migrants arriving by 2017

Three million migrants fleeing war and poverty are seen entering the EU by 2017 in a development likely to have a marginal positive impact on the economy, the European Commission said Thursday. In its first ever assessment of the economic effect of Europe's biggest migration crisis...

Britain says Islamic State likely brought down Russian plane

Britain said on Thursday there was a significant possibility that Islamic State's Egyptian affiliate was behind a suspected bomb attack on a Russian airliner that killed 224 people in the Sinai Peninsula. Russia dismissed the claim as speculation and Egypt said there was no indication so...