ECB

Oil continues to Fall in Price

Oil prices continued to fall during trading on Thursday, hitting three-week lows on concerns that rising interest rates policies by leading central banks could limit global economic growth and fuel consumption going forward.

At the same time, the dollar has appreciated in the foreign exchange market, with its strengthening making oil more expensive for buyers in other currencies.

Markets, member-states eagerly await comprehensive EU crisis plan from Eurogroup

Markets and all EU member-states, especially those in Southern Europe which like Greece seek some form of mutualisation of debt have been  focusing like a laser beam on today's Eurogroup meeting and analysts expect joint action to help prop up the economies of member states - possibly including even so-called coronabonds.

Central bank lowers key policy rate to 3.25 percent

In making that decision, the Executive Board was primarily guided by the inflation projection and inflation factors in the coming period, the NBS said in a press release.

In accordance with the NBS expectations, inflation in February was lowered to 1.5 percent year-on-year, primarily on account of the high base from the prices of products that underwent one-off hikes early in 2017.

Tabakovic: Serbia's financial system was stable in 2016

BELGRADE - In spite of external risks resulting from developments in the eurozone and divergence of ECB and FED monetary policies, Serbia's financial system succeeded in remaining highly capitalised, highly solvent and stable in 2016, National Bank of Serbia (NBS) Governor Jorgovanka Tabakovic said on Thursday.

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