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First round of HFSF's divestment from systemic banks concludes with 28 bln realised losses
EconomyBanking. This was a 2 pct point bump from the initial plans thanks to strong demand, for a price of 5.3 euros/share... with strong demand that led to a 7.9x oversubscription. The proceeds were 1.35 billion euros
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Vehicle sales rise by 17.3 pct in Feb, led by passenger cars
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time had a strong growth rate of 21.2 percent year-on-year (YoY) in February, after an 8.6 percent rise in January, according to Hellenic... passenger cars jumped by 15 percent annually and used cars had strong growth of 26.8 percent
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Manufacturing continues to expand in April, firms remain optimistic
EconomyMacroeconomyin three months it still signals strong improvement in the sector, one of the steepest in over two... at the start of the second quarter, as a sustained and strong upturn in new orders supported output
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Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar
EconomyMacroeconomy. while water supply was up by 1.6 percent. Electricity supply recorded a strong rise of 8.2 percent... than a year. Although this is the lowest print in three months it still signals strong improvement
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PM burnishes conservative credentials with focus on day-to-day issues, law and order
PoliticsGreek Politicsto back his party for a strong voice in Brussels, to continue delivering the changes the country needs. He... between the intervention in the Law School protest and Mitsotakis’s desire to appear strong
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Industrial turnover back in contraction again in Mar, falling by 6 pct YoY
EconomyMacroeconomythis is the lowest print in three months it still signals strong improvement in the sector, one... sentiment (ESI) remained broadly unchanged in April at 108.5 points, after a strong recovery in March
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Mitsotakis joins calls for EU to develop air defence system
PoliticsForeign Policy.” “In this new geopolitical era, our economic and monetary union must be accompanied by a strong.... “That it is a strong force to be reckoned with.” “The geopolitical and technological developments
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Fitch leaves rating unchanged at 'BBB-', outlook stable
EconomyMacroeconomy, which it describes as a strong commitment for fiscal prudence. This fiscal stance will keep... in the economy and adverse demographics, although strong commitment to reforms (particularly
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May PMI still in expansion as firms report supply chain and cost issues
EconomyMacroeconomyit was the slowest since January. The pace of increase of new export orders was also strong, driven primarily by key... and the strongest in the last three months. “Greek manufacturers continued to signal a strong
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Newsletter 429 - 28/06/2024
that he had abandoned the party’s patriotic roots, pointing to his strong stance on migration..., retail was stable and construction sentiment had a solid rise. Credit May data added another strong
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