Home Banking Daily Overview of Global Markets & the SEE Region (9 March, 2016)

Daily Overview of Global Markets & the SEE Region (9 March, 2016)

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

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

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GLOBAL MARKETS: Major European bourses were firmer in early trade on Wednesday and sovereign bonds across the G10 retained a positive tone amid expectations for further monetary stimulus by the ECB at Thursday’s policy meeting.

GREECE: Official discussions in the context of the 1st programme review are reportedly expected to resume today. As per the same sources, the first meeting will take place at 14:00 EET as Greece’s Minister of Finance Euclid Tsakalotos and Greece’s Minister of Economy, Development and Tourism Giorgos Stathakis are scheduled to meet the ECB/IMF/ESM/EC mission heads. Meanwhile, France’s finance minister Michel Sapin reportedly said that official discussions on a new debt relief package for Greece would commence at the 2016 Spring Meetings of the IMF on April 15th -17th.

SOUTH EASTERN EUROPE

BULGARIA: According to the revised estimate of the Statistical Service, GDP growth came at +0.7% QoQ/+3.0% YoY in Q4-2015, bringing FY growth at+3.0% in 2015.

Viewers can log herenelow and read the full report:

Daily Overview March 9 2016

You may also like

Leave a Comment