WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: The majority of Asian stock markets closed broadly lower on Wednesday and European bourses fell modestly in early trade as investor caution prevailed ahead of the extraordinary Eurogroup later on the day.
GREECE: prime Minister Alexis Tsipras won a vote of confidence in Parliament on Tuesday evening securing the backing of 162 MPs.
SOUTH EASTERN EUROPE
SERBIA: Prime Ministers of Kosovo and Serbia Aleksandar Vucic and Isa Mustafa signed on Tuesday an agreement on justice and judiciary in Kosovo, seen for normalisation of relations.
According to a press-release by the National Assembly, the government has selected a consortium of four banks that will be in charge for the placement of government bonds in international markets over the next three years.
CESEE Markets: Emerging stock markets were mixed in European trade on Wednesday as caution prevailed ahead of the extraordinary Eurogroup meeting later on the day. In FX markets, CEE currencies broadly extended this week’s losses and government bonds firmed, after Hungarian inflation for January surprised to the downside adding to expectations about further Central Bank monetary easing in the region.
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