Daily news - 21.12.2020
Published: 21. 12. 2020

SLOVENIA

Fitch affirms Slovenia rating

Rating agency Fitch has affirmed Slovenia's long-term foreign-currency issuer default rating at A with a stable outlook, a move that the Slovenian Finance Ministry said was fresh evidence that Slovenia remained a stable and trustworthy country. (STA)

New economic stimulus package adopted, focus on income support and aid to companies

The government adopted on Saturday a new economic stimulus package. Direct income support for groups including pensioners, students and those with the lowest wages is planned along with aid for companies. Finance Minister Andrej Šircelj said the package is estimated at around EUR 550 million. (STA)

C-bank governor says economic policy measures suitable, effective

Boštjan Vasle, the governor of Slovenia's central bank, believes economic policy measures that Slovenia has taken have been suitable and effective. "A conceptual consensus on the need for rapid, expansive action was quickly achieved," he told Večer, adding that this was a major economic policy achievement. (STA)

INTERNATIONAL MARKETS

Dow falls more than 100 points as lawmakers struggle to seal last-minute stimulus deal; European markets close slightly lower as Brexit fears resurface; BELEX15 up 0.26% 

Stocks slipped from record highs in volatile trading on Friday as lawmakers struggled to bridge differences on additional coronavirus stimulus measures. 
The Dow Jones Industrial Average fell 124.32 points, or 0.4%, to 30,179.05. At its session low, the 30-stock benchmark shed more than 270 points. The S&P 500 dipped 0.4%, or 13.07 points, to 3,709.41, snapping a three-day winning streak. The Nasdaq Composite lost 0.1%, or 9.11 points, to 12,755.64. All three indexes touched new intraday highs earlier in the day after closing at records in the previous session. 
European markets closed lower on Friday as British and European leaders struck a pessimistic tone about the prospect of a post-Brexit trade deal. The pan-European Stoxx 600 provisionally closed 0.33% lower, with sectors pointing in opposite directions. Retail shares slid the most, losing 1.8%, while telecoms were up over 0.2%. 
BELEX15 added 0.26%, mainly due to 0.83% gain at NIS, while 2.2% increase at Energoprojekt also contributed. The most active were preferred share of Komercijana (KMBNPB), even with RSD 1.4m in volume, while all other were not worth mentioning. (CNBC, ILIRIKA)

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