Είσοδος για Ιδιώτες Είσοδος για Επιχειρήσεις

Δισεβδομαδιαία Επισκόπηση 2-15 Νοεμβρίου 2021

19/11/2021 - Μελέτες & Αναλύσεις

Αναδυόμενες Αγορές Νοτιοανατολικής Ευρώπης & Μεσογείου; --Εβδομαδιαία Επισκόπηση (στα αγγλικά)

BULGARIA

Parliamentary elections deliver another hung Parliament, but the chances of forging a ruling coalition are higher this time

Incumbent President R. Radev set to win a 2nd mandate

Significant challenges lie ahead for the new Government

The successful absorption of funds available under the Next Generation EU and the EU’s Multiannual Financial Framework (worth 37% of FY:19 GDP) by 2027 is key to achieve convergence with the EU

 

CYPRUS

The banking sector got back in “the black” in H1:21, following a sharp decline in the cost of risk

The NPE ratio (adjusted for sales and write-offs) is estimated to have remained broadly flat (at 17.6% in June), despite the expiry of the (first) debt moratorium (with high take-up, covering more than 40% of loans) at end-2020

Amid continuing economy recovery, banks’ profitability should remain positive but low

 

EGYPT

Despite the global tightening bias, the CBE is likely to keep its policy rates on hold for long

A positive carry trade supports the EGP

 

APPENDIX: MACROECONOMIC & FINANCIAL INDICATORS