Nick Malkoutzis via Macropolis | When Alexis Tsipras visited New York last year to speak at the UN Assembly, he held a meeting with some heavyweights of the international investment community. The Greek PM was reportedly advised that if he wanted to build trust in Greece as an attractive investment destination, he should shift focus from his main objective of debt relief towards ensuring Greece’s participation in the ECB’s QE programme.
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All European Union members except the UK are meeting today in Rome to celebrate the 60th anniversary of the so considered seed of their club: The treaty of Rome. An event with a bittersweet taste however since the participants will start designing a common strategy on Brexit, the first exit of a member state.
The merger of Gamesa with Siemens’ wind energy business will be effective from the beginning of April and within the next twelve working days the companies will pay an extraordinary gross dividend of 3,59 euros per share.
Aena has said that the airlines have increased their seating capacity in planes heading for Spanish airports this summer to 204,7 million, a rise of 8.7% from a year ago.
Mari Pinardo | Spain has the capacity to produce much more electric energy than we can consume. On average we use 35,000 megawats and have 100,000 installed. So why is our electricity bill higher than our European partners?
Mapfre has successfully placed subordinated bonds with 236 institutional investors from different European countries. The UK and Ireland took up 22% of the total issuance, France 16%, Germany and Austria 14% and Italy 13%.
Despite Republicans still had no deal on their health care bill to repeal Obamacare on Wednesday’s midnight, the House of Representatives must vote later today to “repeal and replace” the law. Much to the disappointment of many observers, the Trump administration has given priority to this topic over tax cuts and infrastructure spending.
CIE Automotive ended 2016 eliminating any doubts on its capacity to meet the objectives in its 2016/2020 Strategic Plan. In fact, it has brought forward its target of doubling Attributable Net Profit by one year to 2019.
French elections will likely serve as a way to take the populism temperature, as well as being the next step towards de-globalisation. As the Dutch general elections showed, the populist drive may prove to be not as strong as anticipated by the polls. But most of the media is presenting the French elections in this way. Furthermore, it has to be considered the fact that the pollsters underestimated the force of populism last year in the UK.
Lu Bingyang and Coco Feng via Caixin | China’s state-owned train maker has started work on a plant in Chicago, a year after clinching a $1.3 billion contract to supply rail cars to the Chicago Transit Authority.