Financial economics

BELGRADE - The analysis of debt issued by the National Bank of Serbia (NBS) has showed that Serbia's external debt has reduced by EUR 338.2 million in the first three months of 2014, while the public debt went up by EUR 365.8 million.

Central Bank: External debt falls, public debt rises

BELGRADE -- The analysis of debt issued by the National Bank of Serbia shows that Serbia's external debt has reduced by EUR 338.2 million in the first three months of 2014.

At the same time, the public debt went up by EUR 365.8 million.

Businesses in the region to benefit from European Bank investment

By Eshe Nelson

The world’s largest investors are putting their trust in Greece’s government bond market as record-low yields across Europe compel them to invest in the country that sparked the region’s sovereign debt crisis.

By John Geddie

Cyprus is on the verge of making the fastest comeback to markets of any bailed-out euro zone country when it sells a new five-year bond later on Wednesday.

The Republic of Cyprus has started marketing its first post-bailout public debt sale with a yield in the 5 percent area, according to a lead.

The June 2019 transaction is expected to take place on Wednesday.

Deutsche Bank, Goldman Sachs, HSBC, UBS and VTB Capital are arranging the sale.

The performance of the Greek residential mortgage-backed securities (RMBS) market was stable during the three months ended April 2014, according to the latest indices published by Moody’s Investors Service.

The 90+ day delinquencies of Greek RMBS transactions rose to 5.6 percent of the current balance in April 2014 from 4.3 percent in April 2013.

BELGRADE - The insufficiently developed infrastructure and inadequate laws, as well as lack of liquidity and non-transparent market, prevent a more significant inflow of foreign investment to Serbia, said the participants of the international conference on South East European property market “SEE Property Business Forum”.

By Neal Armstrong & Eshe Nelson

The euro-area’s higher-yielding government bonds declined amid speculation a rally that has driven borrowing costs to record lows is losing momentum.

By Ilias Bellos

A largely forgotten Greek financial derivative has risen by up to 475 percent since June 2012, becoming a leading measure of growing confidence in the local economy.