Archive for the ‘Finance’ Category

Daily Overview of Global Markets & the SEE Region (Friday, November 24, 2017)

Daily Overview of Global Markets & the SEE Region (Friday, November 24, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In reaction to firmer than expected euro area November flash PMIs and the likelihood the APP programme to not be extended beyond September...
November 24th, 2017 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

European ports welcome the EP Transport Committee vote for a stronger CEF budget

European ports welcome the EP Transport Committee vote for a stronger CEF budget
This morning, the Transport Committee (TRAN) of the European Parliament voted its opinion on the Multi-Annual financial Framework after 2020 (Marinescu report). Isabelle Ryckbost The Transport MEPs voted in favour of an updated and more effective Connecting Europe Facility. They have asked for an increased...
November 23rd, 2017 | European Union, Finance, Organisations, Ports & Terminals | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, November 23, 2017)

Daily Overview of Global Markets & the SEE Region (Thursday, November 23, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD was under pressure while US government bonds were firmer in European trade on Thursday following the release of the FOMC minutes...
November 23rd, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, November 22, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, November 22, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GREECE: The 2018 State Budget that was submitted yesterday to Parliament foresees GDP growth of +1.6% for 2017 and +2.5% for 2018, in alignment with...
November 22nd, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, November 21, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, November 21, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Increased political uncertainty in Germany keeps the EUR under pressure with the EUR/USD hovering around 1.1730/35 in European trade...
November 21st, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, November 20, 2017)

Daily Overview of Global Markets & the SEE Region (Monday, November 20, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GREECE: According to press reports, in spite of the significant number of prior actions that are still pending, a staff level agreement for the 3rd programme...
November 20th, 2017 | Banking, Finance, Markets, News, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Friday, November 17, 2017)

Daily Overview of Global Markets & the SEE Region (Friday, November 17, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The 435-seat US House of Representatives approved its tax draft plan late on Thursday with 227 Republican in favor votes. All Democrats...
November 17th, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, November 16, 2017)

Daily Overview of Global Markets & the SEE Region (Thursday, November 16, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The US House of Representatives is scheduled to vote on its tax reform plan later today while the Senate continues to make adjustments...
November 16th, 2017 | Banking, Finance, Markets, News, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, November 15, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, November 15, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The EUR retained a firm tone in European trade on Wednesday supported by Germany’s firmer than expected Q3 GDP data released in the...
November 15th, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, November 14, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, November 14, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Germany’s real Q3 GDP rose by a higher than expected 0.8%QoQ mainly supported by net exports and capex spending following an upwardly...
November 14th, 2017 | Banking, Finance, Markets, News, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, November 13, 2017)

Daily Overview of Global Markets & the SEE Region (Monday, November 13, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Worries over the prospects of the US tax reform bill prevailed in European trade on Monday. Taking their cue from Wall Street’s losses on...
November 13th, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

HSH finances Europe’s largest wind farm – electricity for 500,000 households

HSH finances Europe’s largest wind farm – electricity for 500,000 households
Lars Quandel HAMBURG/KIEL HSH Nordbank as part of a syndicate of banks is financing Europe’s largest wind farm installation with an amount of Euro 500 million, the 650-MW Markbydgen ETT project in North Sweden. In addition to HSH Nordbank, the syndicate includes Nord LB, KfW IPEX, the EIB and Euler...
November 13th, 2017 | Alternative Sources of Energy, Banking, Energy, Finance | Read More

Daily Overview of Global Markets & the SEE Region (Friday, November 10, 2017)

Daily Overview of Global Markets & the SEE Region (Friday, November 10, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Taking their cue from Wall Street’s modest losses overnight, major European bourses opened lower on Friday on the back of increased...
November 10th, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets, Trade and Commerce | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, November 08, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, November 08, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Reflecting Asian bourses’ positive tone, the majority of European equity markets were modestly higher in early trade on Wednesday supported...
November 8th, 2017 | Banking, Company Profiles, Finance, Markets, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, November 07, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, November 07, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Long-dated US Treasury yields moved lower in European trade on Tuesday amid persistently subdued inflation pressures and market uncertainty...
November 7th, 2017 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

HSH Nordbank provides financing for Zenium data centres in Frankfurt

HSH Nordbank provides financing for Zenium data centres in Frankfurt
Dr. Marcus Kleiner HAMBURG/KIEL HSH Nordbank, acting as an agent and security agent made available together with Banco Santander, NIBC Bank and ING Bank, senior-secured credit facilities of EUR 100 million to Zenium. This will enable the company to refinance its existing Frankfurt One data centre in...
November 3rd, 2017 | Banking, Finance | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, November 02, 2017)

Daily Overview of Global Markets & the SEE Region (Thursday, November 02, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: As expected, the FOMC unanimously decided to stay put on interest rates at the two-day meeting that concluded late yesterday with the...
November 2nd, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, November 01, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, November 01, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Mirroring gains in the majority of Asian bourses earlier today, European equity markets opened higher on Wednesday supported by improved...
November 1st, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, October 31, 2017)

Daily Overview of Global Markets & the SEE Region (Tuesday, October 31, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD was little changed on the day but still below recent multi-month highs as investors turned more cautious on news that two former...
October 31st, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, October 30, 2017)

Daily Overview of Global Markets & the SEE Region (Monday, October 30, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In FX markets, the EUR/USD remained under pressure as President Mario Draghi’s dovish tone at last week’s ECB post-meeting press...
October 30th, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

EU brings money to Europe

EU brings money to Europe
Despina Doxaki EU brings money to Europe* by Despina Doxaki Banking & Finance Advisor The European Investment Bank estimates that the European Union will need to invest €2 trillion in infrastructure in the 28 member countries through 2020.  The sheer scale of the capital needed will require...
October 28th, 2017 | Automobiles, Banking, Canals, Construction, European Union, Finance, Inland Waterways, Insight, Logistics, News, Organisations, Ports & Terminals, Rail | Read More

October ECB meeting: APP extension at a reduced monthly pace

October ECB meeting: APP extension at a reduced monthly pace
Global Economic & Market Outlook – Focus Notes (Friday, October 27, 2017) October ECB meeting: APP extension at a reduced monthly pace As expected, the ECB decided at the October 26 monetary policy meeting to keep its key interest rates stable and extend the asset purchase programme (APP) by...
October 27th, 2017 | Banking, Finance, Markets, Reports, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Friday, October 27, 2017)

Daily Overview of Global Markets & the SEE Region (Friday, October 27, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: As expected, the ECB decided at yesterday’s monetary policy meeting to keep its key interest rates stable and extend the APP programme...
October 27th, 2017 | Banking, Company Profiles, Finance, Markets, News, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

The BDI@1,555…

The BDI@1,555…
John Faraclas Correction, loss of steam, uncertainty, volatility, you name it..? To “entertain” your wonder and possibly your curiosity, the reply is simply: “oh well, all in one; a bit of everything”. The BDI’s (Baltic Dry Index) recovery from the 10th of February 2016 – when it clocked...
October 26th, 2017 | Banking, Chartering, Dry Bulkcarriers, Finance, Markets, Military, News, Reports, Shipfinance, Statistics, Stock Markets, Tankers | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, October 25, 2017)

Daily Overview of Global Markets & the SEE Region (Wednesday, October 25, 2017)
Dr. Platon , Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A., HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The USD was firmer in European trade on Wednesday on newswires suggesting that Stanford University economist John Taylor is the potential...
October 25th, 2017 | Banking, Finance, Markets, News, Reports, Shipfinance, Statistics, Stock Markets | Read More