GLOBAL & REGIONAL DAILY (Thursday 23, January 2020)

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GLOBAL & REGIONAL DAILY (Thursday 23, January 2020)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

January 23, 2020

Global Markets

Global equity markets were under selling pressure earlier today, government bonds on both sides of the Atlantic firmed and the JPY strengthened, as investors get more anxious over the coronavirus. Elsewhere, oil prices extended recent losses on supply jitters. Focus today is on the ECB policy meeting where the Central Bank is expected to announce a start date for its strategy review.

Greece

According to press, a new bill on pensions and social security will be put to public consultation in the coming days and will foresee, among others, the retroactive (from 1 Oct-19) increase of main pensions for pensioners with contributions of over 30 years as well as the increase of auxiliary pensions.

CESEE

Serbia: The European Parliament (EP) will consider the government’s initiative to lower the parliamentary threshold from 5% to 3%. In order for the EP to reach a decision, a dialogue between the ruling and opposition parties will begin with the EP acting as mediator.

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