.
GLOBAL & REGIONAL DAILY (Thursday 14, May 2020)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
May 14, 2020
Global Markets
In a webcast speech yesterday, Fed Chair Jerome Powell gave a downbeat assessment on the US growth outlook and played down the prospect of negative interest rates. In reaction to his comments on interest rates, UST yields fell and the USD firmed across the board.
Greece
The government is pursuing the continuation of the privatisations’ programme where possible. As regards the concession of Hellinikon in particular, the demolition permit of 450 buildings on the plot was published in the Government Gazette.
CESEE
Bulgaria: In its latest Regional Economic Prospects released yesterday, the EBRD projected the country’s GDP to contract by 5.0% in 2020 and then rebound by 4.0% in 2021. Serbia: In May’s inflation report released yesterday, the NBS forecasts that GDP will contract by 1.5% in 2020 as a result of the Covid-19 impact.
Viewers can log herebelow and read the full report: GLOBAL REGIONAL DAILY May 14 2020
Find out more about our Economic Research and search for reports that may interest you.
