Home » GLOBAL & REGIONAL DAILY (Thursday 4 June 2020)

GLOBAL & REGIONAL DAILY (Thursday 4 June 2020)

by admin

.

GLOBAL & REGIONAL DAILY (Thursday 4 June 2020)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS June 4, 2020

Global Markets

European equity markets opened lower on market anxiety ahead of the ECB’s monetary policy meeting later today. Elsewhere, the EUR/USD continued to consolidate slightly above 1.12 supported by news that the German coalition government agreed on a second stimulus package worth €130bn.

Greece

Today’s EWG is expected to give the green light for the next disbursement of SMP/ANFA income equivalent amounts and the reduction to zero of the step-up interest margin on certain EFSF loans, estimated in total at €748m. Q1 Greek GDP to be released today.

CESEE

Bulgaria: According to local media press, the country is entitled to a significant increase in the allocated EU funds in the new EU programme period 2021-2027. The EC has proposed a EUR16.7bn package to fund the operating programmes and agriculture policy, as well as additional EUR12.3bn under the new EC’s recovery plan from the Covid19 crisis.

Viewers can log here below and read the full report: GLOBAL REGIONAL DAILY June 4 2020

Find out more about our Economic Research and search for reports that may interest you.

You may also like

Leave a Comment