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European economy

European economy 11th October 2024

ECB highlights weak economy and justifies rate cut by CPI slowdown

Bankinter: ECB minutes of the meeting of 12 September. The focus in the markets has shifted towards economic growth to the detriment of inflation, which has moderated in recent months. Fears of a slowdown in the US economy have raised expectations that the Fed will cut rates more aggressively than the ECB. This approach has carried over to Europe in the face of a somewhat weaker macro picture than in…

European economy

Talgo and Pesa group, Poland’s largest train manufacturer, sign strategic collaboration agreement

European economy

Eurozone economic activity shrinks in September for first time in seven months: composite PMI falls to 48.9 from 51

Companies, European economy, Ibex

Iberdrola inaugurates Saint-Brieuc wind farm, one of first two in France

European economy

ZEW economic sentiment index disappoints again, falling to 3.6 points from 19.2 in August

European economy

Eurozone generates trade surplus of €21.2 billion in July, well above July 2023’s €6.7 billion

European economy

IAG: new merger options with TAP Portugal after failure with Air Europa

European economy

CAF selected to bid for renovation of fleet of trams for Transport for London, with €250 million budget

European economy

ECB to cut rates

European economy 9th September 2024

ECB approves BBVA’s takeover bid for Sabadell and passes buck to CNMV

Norbolsa | The ECB will not oppose Sabadell’s takeover bid, its analysis being on the solvency of both entities (without entering into competition). The ball is now in the court of the National Securities Market Commission (CNMV), which has 20 days to authorise the operation; this decision could come before the authorisation by the National Markets and Competition Commission (CNMC), which would delay the operation further, implying the entry of…

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