Market Daily News for 30-Jan-2023
Daily headlines
* Censure motion against government expectedly fails
* Fitch upgrades Greece to ‘BB+’, lowers the outlook to ‘stable’
* Private-sector deposits up €5.0bn in December, up €8.6bn in 2022, after rising by €16bn for the entire 2021
* Private-sector loan balances up €2.8bn m-o-m in December, up €6.9bn in 2022 (corporates +€7.9bn, households -€1.0bn); credit expansion picks-up to 6.3% yoy (vs +5.0% yoy in November, +1.4% in 2021 and +3.5% in 2020)
* Piraeus Bank (BOPr.AT – TPEIR GA) to outline FY2023 guidance in today’s conference call
* Fourlis (FRLr.AT – FOYRK GA) clarifies sale of Intersport/TAF Turkey business set at €1.5m cash consideration (vs €3m in EV terms)
* Motor Oil (MORr.AT – MOH GA): positive market test at new floating storage and regasification unit (FSRU) in southern Greece
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