Russia is set for 10 years of anemic growth, according to economists, who said the slowdown is predominantly due to low investment and structural factors.
Poland is forecast to grow in line with crisis-mired Ireland this year, as euro zone woes hit Eastern Europe.
Andrew Stevens, Group CEO at Commercial Bank, talks to CNBC about their plans to buy a 70.8 percent stake in Turkish lender, Alternatif Bank.
Trains and ferries were canceled and hospital staff walked off the job in Greece on Wednesday as workers marked May Day with a strike against harsh austerity required by the country's foreign lenders.
Gazi Ercel, former governor of the Turkish central bank, tells CNBC that there have been no concrete results of central bank action.
Rotana CEO Selim El-Zyr says the time has not come for Rotana to go public or to establish its brand in developed countries, as it should first focus on consolidating its regional leadership.
Julian Mayo, CIO of Charlemagne Capital UK, says Russia is looking increasingly attractive due to its growing consumer market, high yielding companies and weak domestic investing base.
Cyprus has found itself right in the middle of a geopolitical game in which its gas potential is a tool in a showdown between Russia and the European Union.
Turkey could challenge any move by Cyprus to speed up offshore natural gas exploration as a way of attracting investment to save its economy, Turkish officials said.
Egemen Bagis, minister for EU Affairs in Turkey, tells CNBC that Turkey is still determined to join the EU despite the economic crisis.
Erdem Basci, central bank governor of Turkey, tells CNBC why Turkey is sensitive to exchange rate volatility and the focus should be on rebalancing rather than growth.
Erdem Basci, central bank governor of Turkey, tells CNBC that the biggest obstacle to growth in Turkey is high and volatile inflation
Apostolos Bantis, emerging market credit analyst at Commerzbank, recommends investing in Turkish banks.
When Turkish conglomerate Anadolu Holding put its 75-percent stake in Alternatifbank up for sale last year, a distant potential suitor from Asia took a close look at the business.
Owned by art, film and real estate mogul Zhang Baoquan, Tree Resort World on Sanya Bay bar marks the Chinese government's first tacit approval of a gaming concept outside of Macau.
CNBC's Sharon Epperson reports oil is hitting record levels. Also, Paul Sankey, Deutsche Bank analyst, weighs in with how to play the oil space, amid growing unrest in Turkey.
Ibrahim Abdulaziz Al-Assaf, Saudi Arabia's finance minister, highlights the impact of Syria's crisis on neighboring Turkey and Lebanon, and in particular, Jordan.
Erdem Basci, governor of the Central Bank of Turkey, tells CNBC that they expect plus four percent growth in 2013 and they have to be careful about rapid credit growth.
Guler Sabanci, chairwoman of Sabanci Holdings, the largest industrial and financial conglomerate in Turkey, speaks exclusively to CNBC's Steve Sedgwick about Turkey's economy in 2013 and her hope that the country will still join the EU.
Julian Mayo, Co-CIO at Charlemagne Capital, tells CNBC that 2013 should be a good year for Russia and which stocks to pick to play its growth.