CEE MARKETS-Stocks, currencies jump on stimulus hopes; MOL surges 15%
March 20, 2020 at 06:32 AM EDT
Central European stock indexes rebounded and currencies firmed on Friday as regional governments and central banks announced measures to keep economies afloat during border closures and major disruptions in business activity. "Despite negative signals from Italy, where the number of deaths due to the coronavirus pandemic exceeded the number of deaths in China, Friday brings stabilization of sentiment in the financial markets," Bank Mill