WORLD ECONOMIC & MARKET DEVELOPMENTS
GREECE: No staff level agreement was reached in yesterday’s Eurogroup, further negotiations will commence in the following days on the mechanism and measures that will ensure the achievement of the 3.5% of GDP primary surplus target for 2018 and beyond. The immediate implementation of the short term debt relief measures decided yesterday constitutes a positive step for Greece.
SOUTH EASTERN EUROPE
ROMANIA: The finance ministry sold on Monday a planned amount of RON 300mn of 2022 T-bonds at an average accepted yield of 3.15%, 39bps above a yield achieved at a prior auction of the same paper held in November.
Viewers can log herebelow and read the full report:Daily Overview December 6 2016