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GLOBAL & REGIONAL DAILY (Tuesday, December ,10 2019)

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GLOBAL & REGIONAL DAILY (Tuesday, December 10, 2019)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

December 10, 2019

Global Markets

Investors adopted a cautious stance on risk assets earlier today amid market uncertainty ahead of the 15 December headline for the US administration to decide whether to impose additional tariffs on Chinese imports worth $160bn. Focus today is on the German ZEW survey for December.

Greece

According to ELSTAT, the overall turnover index in accommodation and food service activities sector in Q3-2019 increased by 6.1%YoY while in Q3-2018 it had increased by 9.2%YoY. The Hellenic Republic Asset Development Fund kicked-off yesterday the tender for the sale of the 100% shareholding in ‘DEPA Infrastructure’ and the deadline for the expressions of interest phase expires on 14 February 2020.

CESEE

Bulgaria: The Bulgarian National Bank (BNB) governor Dimitar Radev stated that Bulgaria will be able to fulfil all the requirements for entry in the ERM-II in 2020.

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