INO:
European stocks close slightly lower as caution returns ahead of Davos
European markets closed slightly lower on Monday as policymakers and business leaders gather in Davos, Switzerland for the annual World Economic Forum (WEF) conference. The pan-European Stoxx 600 closed down by 0.1%, with household goods falling 0.9% to lead losses while insurance stocks added 0.5%.
Swiss travel retailer Dufry slid 4.5% while Air France KLM shares shed 4.6% after Davy Research cut the carrier’s stock to “neutral” from “outperform.”
Source: CNBC
SERBIA:
AERO: Nikola Tesla Airport passenger traffic up 9.2%
Belgrade's Nikola Tesla Airport saw a 9.2 pct increase in the number of passengers in 2019, French airport operator VINCI, which runs the airport, said Monday. The Belgrade airport "is becoming one of the region’s most dynamic airports, with passenger traffic up 9.2 pct in 2019 (+15.6 pct in Q4). This good performance reflects, among other things, the opening of 13 new international routes. In 2020, Air Serbia will continue to diversify its network, either alone or as part of code-share agreements," VINCI said in a statement.
Source: Tanjug
NBS: Inflation expectations remain stable
Inflation expectations, for both, short-term and mid-term period remain in a NBS targeted band of 3±1.5%, the latest survey say. Short-term annual inflation is expected in a range of 1.9-2%, while mid-term inflation is seen at 2-2.3%, the report said.
Source: NBS
IMF mission to be in Belgrade from February 24 through 28
An International Monetary Fund (IMF) mission will be in Belgrade from February 24 through 28 to discuss with representatives of Serbian authorities the latest macroeconomic trends and the economic outlook and risks, IMF Resident Representative for Serbia Sebastian Sosa has announced. In a statement to Tanjug, Sosa said progress in implementation of reforms undertaken within the framework of a programme of cooperation supported by the Policy Coordination Instrument would be discussed during the visit, including areas such as the tax administration and other public sector reforms, fiscal rules and management of public investment and state-owned enterprises.
Source: Tanjug