Εβδομαδιαία Επισκόπηση 16-22 Φεβρουαρίου 2016

TURKEY

Capital spending restraint and privatisation proceeds prevent a negative fiscal performance in January

The CBRT remains in a “wait-and-see” mode for a twelfth consecutive month

 

ROMANIA

Real GDP growth remains solid in Q4:15 at 3.7% y-o-y

Headline inflation falls to a record low of -2.1% y-o-y in January, following the 4 pp cut in the standard VAT rate

 

BULGARIA

Economic growth maintains a strong pace in Q4:15 at 3.1% y-o-y

Headline inflation rises to 0% y-o-y in January from -0.4% in December, solely due to a tax hike on fuel

 

SERBIA

FX-adjusted customer deposit growth strengthens to a 4-year high of 7.5% in 2015

FX-adjusted credit activity growth accelerates slightly to 2.6% in 2015

 

FYROM

Tourist arrivals reach an all-time high of 485.5k in 2015

Tourist receipts stand at EUR 220.9mn (2.5% of GDP) in 11M:15

 

ALBANIA

IMF Executive Board completes the 5th and 6th reviews of Albania’s Extended-Fund Facility

S&P upgrades Albania’s long-term sovereign debt rating to B+

 

CYPRUS

FY:15 fiscal deficit meets its target, despite higher-than-budgeted interest payments

 

EGYPT

A negative fiscal performance in the first 5 months of the fiscal year, with the 12-month rolling underlying deficit reaching the unsustainable level of 13.0% of GDP in November

 

APPENDIX: FINANCIAL MARKETS

Εβδομαδιαία Επισκόπηση 16-22 Φεβρουαρίου 2016
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