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Home Banking GLOBAL & REGIONAL DAILY (Tuesday 25, February 2020)

GLOBAL & REGIONAL DAILY (Tuesday 25, February 2020)

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GLOBAL & REGIONAL DAILY (Tuesday 25, February 2020) 

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

February 25, 2020

Global Markets

The market mood towards risk assets appears to be stabilizing today following yesterday’s steep losses in global equity markets on fears that the virus outbreak is close to becoming a pandemic that could affect both global demand and global supply chains. With equities regaining some footing, core government bond yields in Germany and the US were slightly higher from yesterday’s fresh lows.

Greece

According to data released yesterday by the Ministry of Finance on the subject of over-indebted businesses and households, during the past month there has been a 42% increase in the settlement proposals extended by banks to borrowers under Law 4605/2019 for the protection of first residence.

CESEE

Bulgaria: The blue chip Bulgarian index SOFIX ended the past week lower, dropping by -1.2% at 552.24 points.

Serbia: The dinar remained bound within a tight range of 117.50/60-117.55/65 in the past week.

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