Market liquidity

FTSE Russell confirms Romania is to be included in FTSE Emerging Markets indices

Global index provider FTSE Russell announced during the March 2020 interim review a series of clarifications regarding the promotion of Romania to the status of Secondary Emerging Market, according to a press release of the Bucharest Stock Exchange.

Central Bank unveils new measures on COVID-19

The Central Bank of Turkey (CBRT) on March 31 introduced new measures to limit the economic fallout from the novel coronavirus pandemic.

The steps aimed to back monetary transmission mechanisms, banks' flexibility in liquidity management, uninterrupted credit flows to the corporate sector, and firms exporting goods and services.

Government asks EU for flexibility in use of NSRF funding to manage pandemic crisis

Still reeling from a decade-long financial depression and with the economy already taking a beating from impact of the Coronavirus pandemic, the government is asking the EU to cut it some slack in the use of NSRF (National Strategic Reference Framework in order to address the latest crisis.

Turkish Central Bank cuts policy rate full point

Addressing concerns of the fallout from coronavirus, in an extraordinary meeting on March 17 the Turkish Central Bank Monetary Policy Committee (MPC) cut its policy rate from 10.75 to 9.75.

The bank was set to meet on March 19, but with fears of the virus mounting, and cases climbing worldwide, the meeting was moved up.

HSBC places ‘overweight’ tag on Athens Exchange

Despite the strong rally by Greek stocks since the start of the year, HSBC estimates the Athens Exchange still has great potential to climb further. On Tuesday the British bank upgraded its recommendation for the local market from neutral to overweight, stressing that Greece's macroeconomic prospects have improved considerably after the elections, with a positive impact on stocks.