Daily Overview of Global Markets & the SEE Region (Friday, March 31, 2017)

Banking, Finance, Markets, News, Person Profiles, Reports — By on March 31, 2017 at 11:58 AM

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



GREECE: According to press reports, government sources claim that the Euroworking Group (EWG) that convened yesterday decided the return of the institutions’ mission heads to Greece, and the technical staff are expected to convene to make their decision on the timing of the return and proceed with an official announcement today. Sources from the European institutions and the IMF also reportedly confirm that their teams are “standby” to return to Athens even as soon as on Sunday. The Economic Sentiment Indicator for Greece for March 2017 recovered slightly coming in at 93.4 index units (i.u.), compared to 92.9 i.u. in the previous month on the back of improved confidence in services, retail trade and construction.


CYPRUS: The Economic Sentiment Indicator (ESI) reached a new multi-month high in March, an inch below its pre-Lehman peak.

ROMANIA: The Economic Sentiment Indicator (ESI) reached the highest level in the post Lehman Brothers period.

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