{"id":16253,"date":"2017-10-05T00:20:50","date_gmt":"2017-10-04T21:20:50","guid":{"rendered":"http:\/\/bestinsurance.gr\/a1\/?p=16253"},"modified":"2017-10-05T00:20:50","modified_gmt":"2017-10-04T21:20:50","slug":"resurgent-greece-catches-blackrocks-eye","status":"publish","type":"post","link":"https:\/\/bestinsurance.gr\/a1\/archives\/16253","title":{"rendered":"\u2018Resurgent\u2019 Greece catches BlackRock\u2019s eye"},"content":{"rendered":"<p class=\"headline\">\u2018Resurgent\u2019 Greece catches BlackRock\u2019s eye.Europe is complicated and is rarely free of problems, as investors in Spanish assets can currently attest.<\/p>\n<p>But as the latest political crisis roils Madrid, BlackRock has issued upbeat analysis on a series of the continent\u2019s nations \u2014 including the one that has grappled with some of its biggest problems:\u00a0<a href=\"https:\/\/www.ft.com\/topics\/places\/Greece?mhq5j=e5\" data-vars-link-destination=\"https:\/\/www.ft.com\/topics\/places\/Greece?mhq5j=e5\" data-vars-link-type=\"inline\" data-vars-link-text=\"Greece\">Greece<\/a>.<\/p>\n<p>The asset manager describes the country as \u201cresurgent\u201d, and argues that its successful return to financial markets after a review of its third bailout \u201cwill unlock significant investment demand\u201d.<\/p>\n<p>Chris Colunga, co-manager of BlackRock\u2019s Emerging Europe PLC, also points out that Greek debt could \u201ceventually\u201d qualify for inclusion in the European Central Bank\u2019s bond-buying stimulus policy, \u201cproviding the government with a lower cost of debt and reassuring investors\u201d.<\/p>\n<p>Along with a pick-up in economic growth, it means Greek banks could move away from doubts about their solvency, says Mr Colunga.<\/p>\n<p>He identifies \u201croom for substantial improvement\u201d for Athens-listed financial stocks, which are looking cheap compared with their peers.<\/p>\n<figure class=\"article-image article-image--center\">\n<div class=\"article-image__placeholder\"><img decoding=\"async\" class=\"i-amphtml-fill-content i-amphtml-replaced-content\" src=\"https:\/\/www.ft.com\/__origami\/service\/image\/v2\/images\/raw\/http%3A%2F%2Fcom.ft.imagepublish.prod.s3.amazonaws.com%2Fefdbbf64-a900-11e7-ab55-27219df83c97?source=google-amp&amp;fit=scale-down&amp;width=500\" alt=\"\" \/><\/div>\n<\/figure>\n<p>Greece is not short of company on\u00a0<a href=\"https:\/\/www.ft.com\/topics\/organisations\/BlackRock_Inc?mhq5j=e5\" data-vars-link-destination=\"https:\/\/www.ft.com\/topics\/organisations\/BlackRock_Inc?mhq5j=e5\" data-vars-link-type=\"inline\" data-vars-link-text=\"BlackRock\">BlackRock<\/a>\u2019s list. The world\u2019s biggest asset manager is also upbeat on Russia, citing improving consumer sentiment and record low inflation, as well as the appeal of high-dividend yields.<\/p>\n<p>Meanwhile, the return of inflation to\u00a0<a href=\"https:\/\/www.ft.com\/content\/ba1301c0-4c54-11e7-919a-1e14ce4af89b\" data-vars-link-destination=\"https:\/\/www.ft.com\/content\/ba1301c0-4c54-11e7-919a-1e14ce4af89b\" data-vars-link-type=\"inline\" data-vars-link-text=\"central European economies\">central European economies<\/a>\u00a0means that the prospect of rising rates there presents an investment opportunity in Polish, Czech and Hungarian banks.<\/p>\n<p>Source : link<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2018Resurgent\u2019 Greece catches BlackRock\u2019s eye.Europe is complicated and is rarely free of problems, as investors in Spanish assets can currently attest. But as the latest political crisis roils Madrid, BlackRock has issued upbeat analysis on a series of the continent\u2019s nations \u2014 including the one that has grappled with some of its biggest problems:\u00a0Greece. The<\/p>\n","protected":false},"author":1,"featured_media":10440,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1,2],"tags":[],"class_list":["post-16253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1","category-2"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts\/16253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/comments?post=16253"}],"version-history":[{"count":1,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts\/16253\/revisions"}],"predecessor-version":[{"id":16254,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/posts\/16253\/revisions\/16254"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/media\/10440"}],"wp:attachment":[{"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/media?parent=16253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/categories?post=16253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bestinsurance.gr\/a1\/wp-json\/wp\/v2\/tags?post=16253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}