Greece aims to borrow up to 8bn in 2020

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Greece aims to borrow between € 4bn and € 8bn in 2020, the nation’s debt agency said on Tuesday, at the close of a year that saw the country’s once-soaring credit rates drop into negative territory.

The public agency said Greece’s total debt burden is expected to decrease from 181 per cent of GDP (€335bn) in 2018 to 173 per cent of GDP (€329bn) in 2019.

The country in 2019 raised € 9bn in bonds, the agency said.

Top Nissan executive to leave for electric motor maker

Nissan Motor Co’s thirdhighest-ranked executive is planning to leave the company to join a leading electric-motor company, an abrupt move that deals yet another blow to the Japanese carmaker.

Jun Seki, the vice chief operating officer in charge of Nissan’s performance recovery, plans to join Japanese manufacturer Nidec Corp as president and COO.

Nissan has accepted Seki’s decision to leave the company, the carmaker said on Wednesday in a statement.

Mexico Central bank prepared to act if inflation stays low

Mexico’s central bank could take monetary-policy action as soon as February if it sees that inflation as well as internal and external risks remain low, governor Alejandro Diaz de Leon said in an interview.

“We have to monitor if conditions in the economy continue having this favorable trend in terms of inflation and lower external and internal risks, and if this occurs it allows us to take monetary-policy actions,” he said. “But this is precisely what we’ll be monitoring from now until the next decision.”