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GLOBAL & REGIONAL DAILY (Wednesday 23, October 2019)

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GLOBAL & REGIONAL DAILY (Wednesday 23, October 2019)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

October 23, 2019

Global Markets

UK MPs approved last night the required legislation for the implementation of the PM Boris Johnson’s Brexit deal but rejected the government’s proposed timeline which laid out the schedule and process for the passage of the bill.  As a result, UK PM Boris Johnson announced that the government will pause Brexit legislation until the EU decides on whether to grant an Article 50 extension.

Greece

The annual growth rate of total travel receipts (excluding cruises) accelerated to 13.8 YoY% in the period January-August 2019 from 10.4 YoY% in the respective period of 2018.

CESEE

The progress report on Bulgaria under the Cooperation and Verification Mechanism (CVM), conducted by the European Commission (EC),  noted significant progress of the authorities regarding the judiciary and the anti-corruption commitments.

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