Δισεβδομαδιαία Επισκόπηση 21 Μαρτίου - 3 Απριλίου 2017
Turkey
GDP growth for Q4:16 and FY:16 surprise on the upside
The tourism sector appears to have reached its nadir in the first two months of the year
Romania
The profitability of the banking system strengthened in FY:16
The IMF warns against fiscal slippage
Bulgaria
Another weak coalition likely to emerge from the March 26th parliamentary election
The profitability of the banking system rose sharply in FY:16, due both to lower provisioning and higher pre-provision earnings
Serbia
Vucic elected President in a landslide victory, boding well for a continuation of the reform efforts
Moody's upgrade Serbia's long-term sovereign debt rating to Ba3
FYROM
Real GDP growth moderated sharply to a 4-year low of 2.4% in FY:16, as the two-year political deadlock weighed on domestic demand
The unemployment rate reached a record low of 23.7% in FY:16
Albania
The banking sector bottom line weakened in FY:16, mainly due to higher provisioning prompted by two large bankruptcies
Cyprus
The banking sector bottom line improves for a 5th consecutive year in FY:16
Egypt
Customer deposits (FX-adjusted) gained momentum in H1:16/17, underpinned by higher EGP remuneration rates and a recovery in workers' remittances from abroad
Credit to the private sector (FX-adjusted) accelerated in H1:16/17, on the back of improving loan supply and demand
Appendix: Financial Markets