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GLOBAL & REGIONAL DAILY (Thursday 30, January 2020)

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GLOBAL & REGIONAL DAILY (Thursday 30, January 2020)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

January 30, 2020

Global Markets

Risk-off sentiment prevailed in global equity markets earlier today amid rising worries over the implications of the coronavirus outbreak for global economic growth and financial markets. Experts from the World Health Organization (WHO) will convene in Geneva later today to advise the WHO Director-General on whether the virus outbreak constitutes a “public health emergency of international concern

Greece

According to the latest Bank of Greece data, in Dec-19 the annual growth rate of total credit to the domestic economy fell to -1.2% against -0.8% in Nov-19.

In Dec-19, deposits placed by the private sector increased by €3,647 million, compared with a decrease of €179 million in Nov-19 and the annual growth rate increased to 6.7% from 6.5% in the previous month.

CESEE

Serbia: The Ministry of Finance raised EUR150mn yesterday with its first 20-year EUR-denominated bond. One day earlier, the Ministry proceeded with the issuance of 5-year bonds denominated in Euro and amounting to EUR 12.3bn.

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