Kathimerini English

Gazprom-TurkStream.

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to unblock its NATO and EU membership bids. Parliament is expected to pass constituti­onal changes and officially adopt the new name by the end of January the latest. “A decisive push for structural reforms and opening of EU accession negotiatio­ns could boost growth through higher capital inflows and enhanced confidence,” the IMF said in a statement following its mission’s visit to the country. The lender said FYROM’s economy is projected to grow 2.8 percent in 2019, after 2 percent this year. Growth is expected to reach 3.5 percent over the medium term, based on planned infrastruc­ture investment and stronger exports. reviewed. The firm, which has $5.8 billion in assets under management, has already won commitment­s for $190 million and plans to continue fund-raising through 2019, the person said. With low interest rates, a booming economy and few defaults, there are scarce opportunit­ies now for distressed investing. Distressed and stressed investing targets companies or sovereigns, like Puerto Rico or Greece, facing financial difficulti­es or bankruptcy.

Constructi­on of the offshore part of the TurkStream pipeline that will carry Russian gas across the Black Sea to Turkey has been completed, Russian gas producer Gazprom said yesterday. TurkStream is part of Moscow’s efforts to bypass Ukraine as a gas transit route to Europe, which imports around a third of its gas needs from Gazprom.

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