GLOBAL & REGIONAL DAILY
HIGHLIGHTS
March 24 2022
Global Markets
On geopolitical developments, interest today turns to the back-to-back three summits of NATO, G7 and the EU in Brussels, with attention focusing on energy restrictions. Oil prices are rising further today, with Brent futures trading above USD122/bbl at the time of writing.
Greece
According to the Bank of Greece, in January 2002 the current account deficit widened on an annual basis by €1,563mn standing at €1,995mn, mainly due to a deterioration in the goods balance (-€1,463mn) and less so in the primary income account (-€246.7mn).
CESEE
During the week, data on bank lending for both Bulgaria and Serbia were released. In Bulgaria, bank lending growth accelerated to 9.6%YoY in February from 8.5%YoY in the previous month, while in Serbia bank lending growth decelerated to 10.6%YoY in February from 10.7%YoY in the previous month.
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