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In tandem with Eurozone financial market developments and the prevalence of negative interest rates in 2020, Cypriot … banks passed through the costs of their liquidity to their customers, reducing the attractiveness of placing PDMO cash … surpluses in domestic bank deposits. Suitable investment alternatives to central bank deposits for the PDMO's liquidity buffer …
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This paper discusses key findings of the Second Post-Program Monitoring Discussions with Portugal. Portugal's economic recovery remains on track in 2015, boosted by rising exports and consumption, together with a recent upturn in investment. Real GDP expanded by 1.5 percent (year-over-year) in...
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