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GLOBAL & REGIONAL DAILY (Monday 20 July 2020)
GLOBAL & REGIONAL DAILY
HIGHLIGHTS
July 20 2020
Global Markets
Asian equity indices started the week on a firm tone and the euro surged to a four-month high against the US dollar, as EU leaders appeared to have made progress towards an agreement on the Recovery Fund. EU talks are likely to resume later in the day.
Greece
According to ELSTAT, for the enterprises of the economy as a whole, obliged to double-entry accounting bookkeeping, for which data are available on a monthly basis, the turnover in May 2020 amounted to €15.7bn, recording a decrease of 27.1% in comparison with May 2019, when the respective turnover was €21.6bn.
CESEE
Bulgaria: The current account surplus climbed to €695.4mn or 1.2% of projected GDP in Jan-May2020.
Cyprus: HICP declined sharply to -2.2% YoY in June, down from -1.4% YoY in May.
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