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Home Banking GLOBAL & REGIONAL DAILY (Thursday, March 24, 2022)

GLOBAL & REGIONAL DAILY (Thursday, March 24, 2022)

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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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