What’s new? After reviewing Q2/H1 results and several consumption data/indicators, we are skeptical about private spending capacity at current price levels. We find consumers have adjusted their purchases lower in volume terms. The post-Covid savings glut is exhausted, and fiscal support will be lower in 2024. Conclusion. It seems corporates will have to choose between…
The bank did not disclose important details that would allow us to assess the impact of its E7bn/29% of total NPE securitizations…contact@researchgreece.com
According to Greek mythology…
…or Much Ado About (almost) Nothing; Greece will get the money from the third tranche and the IMF will participate in the program without any money until debt relief measures are completely identified; this is where the ‘good’ news end (for Greece). Perfectly in line with what we expected…
Following a year of intensive negotiations between the Greek-Cypriot leader, Mr. Anastasiades, and the Turkish Cypriot leader, Mr. Akinci, there seems to be ‘euphoria’ on a solution/settlement of the Cyprus issue. We believe the momentum … For a solution which goes to referendum to become effective … This note touches base on the issues of … In…