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European economy 25th April 2024

German government revises 2024 growth estimates upward from 0.2% to 0.3% year-on-year

Bankinter : The German government has improved its growth estimates for 2024. It revises upwards by one tenth of a percentage point to +0.3% YoY (vs +0.2% prev.) the GDP growth expected this year. Maintains the estimate of +1.0% for 2025. Analysis: Positive news. The German government expects both consumption and industrial activity to perform better than estimated this year. The good evolution of inflation (+2.2% in March), the likely…

European economy

Telefónica controls 96.85% of Telefónica Deutschland, now delisted on Frankfurt Stock Exchange

European economy

Renault sells 549,099 vehicles in 1Q24 (up 2.6%) and confirms profit outlook for 2024

European economy

Iberdrola|BP pulse wins €50.1m European grant for deployment of electric recharging points

European economy

Spain’s electricity cheapest in Europe, at €0 for half the hours in April

European economy

Christine Lagarde insists ECB remains on track to cut interest rates in near term

European economy

Ferrovial holds first AGM in Amsterdam, stock up from 14th to 8th place on Ibex35

Link Securities | The company held its first AGM outside Spain yesterday, in Amsterdam, another step towards meeting its real goal of listing on the Nasdaq this year. “The market has proved us right,” emphasised the multinational’s chairman, Rafael del Pino, assessing the company’s historic turnaround. When we took the decision to list in the Netherlands, Ferrovial was ranked 14th on the Ibex-35; today we are in eighth place,” said…

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