The “banking marriage” of Attica – Pankritia, Ferrari, Stournaras and the “alliance” within the Greek – Financial Publish Workplace – 2024-07-06 16:51:13

Countdown to the union of Attica Financial institution with Pankritia

· From the few tens of volumes it does day by day, Attica Financial institution appears to have moved a bit yesterday.

· Not that it made an enormous distinction, however it appears to be forsaking the times when it did not do a single transaction.

· Logical, for the reason that free charge may be very small whereas developments are anticipated on the financial institution.

· Presumably even right now…

· The Financial institution of Greece has requested to tell about the best way the brand new financial institution with Pancreatia will emerge.

· And if the minimal required supervisory capital is met.

· This may even keep in mind the losses that may come up from the securitization of unhealthy loans.

· Nonetheless, the capital enhance estimated at 600-650 million euros is anticipated from September.

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Lamda “climbed” above 7 euros

· Lamda managed to climb to 7 euros yesterday.

· One thing he needed to obtain since mid-June.

· It appears to point that visibility has improved for a inventory that has a particular “path”.

· And if that June 14 “spike” is excluded, its variation in 2024 is usually under 7 euros.

· We be aware that Lamda’s plans embrace cooperation with the shipowner Giorgos Prokopiou.

· The CEO of Lamda known as it an indication of the profitable shipowner’s confidence within the challenge.

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What the British elections reminded Greek merchants

· American merchants had a vacation and the British had been busy with their very own elections.

· Nevertheless it was a very good day ultimately and reminded many who home forces are small.

· Selective curiosity, small actions and low visibility within the majority of securities.

· Particularly in mid and small capitalization.

· These are the times that remind us how far the Greeks are from Athens.

· That is what our inventory market supply commented to us and he isn’t improper.

· There’s a lack of funding tradition within the nation.

· Principally already focused.

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Austria’s hawk was not alone within the ECB…

· On the final assembly of the European Central Financial institution in early June, the temper was tense.

· And apparently it wasn’t only a “hawk” who disagreed with the easing of financial coverage.

· That’s, it was not solely the Austrian banker Robert Holzmann.

· One thing he himself confessed.

· We recall that ECB president Christine Lagarde stated that solely one of many 26 council members had opposed her.

· In accordance with the minutes, “sure” members of the ECB expressed reservations in regards to the choice to begin the reductions.

· The Greek central banker was definitely not amongst them.

· In spite of everything, Yiannis Stournaras is taken into account a “dove”, i.e. an advocate of lowering rates of interest.

Two 24 hours in the past, chatting with Bloomberg, he stated that two extra reductions are “affordable.

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Ferrari “overtook” Hermes

· What do Hermès luggage must do with Ferrari tremendous automobiles…

· For many people, none, however for procuring nice.

· On the earth of luxurious, Hermès is arguably the gold customary.

· Rich prospects fortunate sufficient to put on a Birkin-bag should buy it for round $11,000.

· And to shoot it the identical day for greater than 23,000 {dollars}.

· However there’s additionally a luxurious firm that has surpassed Hermès.

· Η Ferrari.

· This yr for the primary time it surpassed Hermès as essentially the most invaluable luxurious firm on the planet.

· And as Bernstein stated, Ferrari and Hermès are comparable in that they each “occupy the highest of the worth pyramid” of their classes.

· And as it’s whispered within the markets, to see if a brilliant automobile can overcome a… scarf!

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Musk closes mouths with Tesla

· Three months in the past Tesla’s again was in opposition to the wall.

· No of efficiency… of funding acceptance to talk in political phrases within the midst of election contests.

Nowadays, nonetheless, he has stored his mouth shut.

· After the report of higher than anticipated deliveries some misplaced so much…

· That’s, those that wager on its fall, the quick sellers.

· With shares rallying 17% in two days, quick sellers are estimated to have misplaced $3.5 billion.

· It was a bit painful, contemplating Tesla shares have soared 73% since April.