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PM Citu: Credit rating agencies revise their estimates for Romania; economy will grow 6pct-9pct

Romania's economy will advance beyond expectations this year, between 6% and 9%, according to latest estimates by international credit rating agencies, Prime Minister Florin Citu said on Tuesday. "I say that everything that was more complicated has passed, it is true that there are these adjustments, after this time, and every economy resists more or less.

PM Citu: Romania's economic growth means more jobs, attractiveness for investors

Prime Minister Florin Citu has welcomed the fact that Romania is recording for the second consecutive time the highest quarterly economic growth in the European Union, mentioning that that means more jobs for Romanians, and also attractiveness for foreign investors.

Goldman Sachs expects 7% growth of the Greek economy by 2026

Goldman Sachs estimates that the Greek economy is expected to gain momentum, with a boost from the resources of the Recovery Fund, after the submission of the "Greece 2.0" plan.

As Goldman Sachs points out in a new report entitled "Small economies, old challenges and new opportunities" that the Recovery Fund will lead to an increase in Greek GDP by at least about 7% by 2026.

Turkey's dollar-denominated bonds see high demand

The Turkish Treasury and Finance Ministry on Nov. 25 said its issuance of a dollar-denominated bond due in 2031 finalized with a nominal amount of $2.25 billion, seeing high demand from international capital markets.

As part of the 2020 external financing program, Goldman Sachs, HSBC and Morgan Stanley were authorized on Nov. 24 to issue the bonds.

IIB Successfully Registers its First ever Medium Term Notes (MTN) Programme on Dublin Stock Exchange

The Medium Term Notes (MTN) Programme provides a maximum debt of up to EUR 1.5 bn that could be issued in the international capital markets (with the possibility to be upsized in the future) without specifying a pre-determined time period for these issuances (multi-year).

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