Home Banking Regional Economics and Market Strategy Monthly (Wednesday, December 16, 2015)

Regional Economics and Market Strategy Monthly (Wednesday, December 16, 2015)

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Dr. Platon Monokroussos

Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A.

Promising regional macroeconomic outlook in 2016 

REGIONAL MACROECONOMIC DEVELOPMENTS & OUTLOOK

  • Strong GDP growth readings in Q3 2015 confirmed
  • Regional economies supported by accommodative monetary policies,  improved absorption of EU funds and low world commodity prices
  • Regional economies winners in the emerging market space in 2015; promising macroeconomic outlook in 2016 

REGIONAL MARKET DEVELOPMENTS & OUTLOOK

  • Global emerging stock markets poised to end 2015 deep in the red; CESEE and regional bourses fare better thanks to ECB’s accommodative monetary policy
  • Regional currencies under pressure so far this year on Central Bank monetary easing
  • Regional government bonds favoured by globally subdued inflationary pressures and low interest rates

COUNTRY FOCUS

  • Bulgaria: Strong growth performance expected to continue in 2016
  • Cyprus: Growth to gain further momentum in 2016
  • Romania: Fiscal stimulus supports the growth outlook of 2016
  • Serbia: GDP growth to recover further in 2016

                  Regional GDP growth dynamics to accelerate in 2016

EUROBANK ERGASIAS graphic 16DEC2015

 

 

 

 

 

 

 

 

 

 

 

 

Source: Bloomberg, Reuters, National Authorities, European Commission, Eurobank Research

Viewers can log herebelow and read the full report:

REGIONAL MONTHLY DECEMBER 2015

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