Daily Overview of Global Markets & the SEE Region (Tuesday, December 06, 2016)

Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Statistics, Stock Markets — By on December 6, 2016 at 10:26 AM
Dr. Platon Monokroussos,  Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

HIGHLIGHTS

WORLD ECONOMIC & MARKET DEVELOPMENTS

GREECE: No staff level agreement was reached in yesterday’s Eurogroup, further negotiations will commence in the following days on the mechanism and measures that will ensure the achievement of the 3.5% of GDP primary surplus target for 2018 and beyond. The immediate implementation of the short term debt relief measures decided yesterday constitutes a positive step for Greece.

SOUTH EASTERN EUROPE

ROMANIA: The finance ministry sold on Monday a planned amount of RON 300mn of 2022 T-bonds at an average accepted yield of 3.15%, 39bps above a yield achieved at a prior auction of the same paper held in November.

Viewers can log herebelow and read the full report:Daily Overview December 6 2016

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