HIGHLIGHTS
November 23 2022
Global Markets
Oil prices rose favored by improved risk sentiment ahead of today’s November FOMC minutes, and European natural gas futures ended higher yesterday for the third consecutive day as Gazprom threatened to cut gas flows to Europe via Ukraine.
Greece
The current account deficit widened on an annual basis by €4.7bn (77.7%) in January-September 2022, mostly reflecting the high cost of the imported energy goods and the steep recovery of domestic demand (private consumption and investment).
CESEE
In the OECD’s Economic Outlook released yesterday, the GDP growth forecast for Bulgaria in 2022 was upward revised to 2.8% from 2.5% projected in June, with a 1.7% deceleration and a 3.1% rebound in 2023 and 2024 respectively.
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