Weekly Report 23-29 February 2016

TURKEY

Banking sector bottom line remains resilient in FY:15, despite strong headwinds

 

ROMANIA

Current account deficit widens to 1.1% of GDP in FY:15 from a recent low of 0.5% in FY:14, due to stronger domestic demand and higher income outflows

 

BULGARIA

Current account surplus stands at 1.2% of GDP in FY:15, unchanged compared with FY:14, as higher income outflows broadly offset the better trade performance

 

SERBIA

Completion of the 4th review of the 3-year EUR 1.2bn precautionary SBA with the IMF was deferred to after legislative elections

Headline inflation rises temporarily to 2.4% y-o-y in January, due to higher volatile fruit and vegetable prices

 

FYROM

Parliament postpones early legislative elections to June 5th

Current account deficit widens to 1.4% of GDP in 2015 from an 8-year low of 0.8% of GDP in 2014

 

ALBANIA

Public debt-to-GDP ratio broadly stabilises at 72.2% in 2015, after having surged by a cumulative 14.4 pps of GDP in the past 4 years

 

CYPRUS 

Decline in real estate prices slows, for the first time in 5 years, to 4.3% y-o-y in 2015

Tourist receipts reach a 14-year high of EUR 2.1bn (12.2% of GDP) in FY:15

 

EGYPT

Unemployment rate declines by 0.1 pp y-o-y to 12.8% in Q2:15/16

Quarterly real GDP growth moderates sharply to 3.0% y-o-y in Q1:15/16 from a multi-year high of 5.6% a year earlier

 

APPENDIX: FINANCIAL MARKETS

Weekly Report 23-29 February 2016
Download
Close

Contact Us

We are always ready to respond to your requests for information or to answer your questions about our products and services.

Request more information

Please complete the following details so we can provide you the information you need. In case of fraud, please contact our call center directly at 210 484 8484.
Optional custom content that replaces the the entire default content.
back-to-top