European mutual fund flows have shown a remarkable increase during 2014, according to Lipper’s European Fund Market Mid-Year Review 2014. Total European net sales of €252bn into mutual funds are up 34% from the entire sales figures for 2013 (€188bn) and currently represent the highest sales figure since 2006 (€372bn). Cross-border funds took the lion’s […]
Italy’s Intesa Sanpaolo has signed a €75m agreement with the European Investment Bank (EIB), joining as Confirming Bank in the Trade Finance Facility in Greece, established in June 2013.
JP Morgan Private Bank’s César Pérez, EMEA Chief Investment Strategist, reviews the current economic environment in Europe in comparison to four years ago when market confidence in the Euro area was at breaking point.
Niall Gallagher, manager of the GAM Star Continental European Equity Fund, says recent data points to firm recovery ongoing in Spain and Greece.
Five weeks before the elections, Germany’s finance minister Wolfgang Schaeuble has warned that Greece will need a third bailout.
While both eurozone and EU27 GDP went up by 0.3%, Cyprus economy shrunk by 1.4% compared with Q1 of 2013 – Eurostat
The government debt to GDP ratio rose in both the euro area and the EU27, according to Eurostat latest report.
Ignis Asset Management’s Stuart Thomson has identified five countries across Europe which could be the epicentre for the next leg of the region’s financial crisis.
Economists at BNP Paribas say the IMF has recognised mistakes made over its and Europe’s handling of the Greek crisis.
Documents relating to guarantees sought by Finland during the bailout of Greece agreed in early 2012 cannot be held secret, according to a ruling from Finland’s Supreme Administrative Court today.
UK and US funds controlling assets of some €15bn have been visiting Greece to meet leading corporates and policymakers in a roadshow organised by broker and investment bank Exotix.
Greece’s recovery hasn’t started yet, but soft data are becoming less bad, as the shocks that hit the Greek economy, including euro exit worries, are starting to dissipate, and bank deposit flows now look fully stabilised, according to economists at Morgan Stanley.