European businesses of interest
Share markets throughout the world moved higher as Greek made progress towards a deal with creditors, increasing the probability that an exit from the Eurozone will be avoided. The Greek equity market alone advanced 9% after the news was released. Could this be the turning point towards a Greek and European turnaround? Perhaps. Only time will tell. What we can be more certain about is which companies stand ready to benefit from any improvement in economic growth, employment and consumer spending. We take this opportunity to review some European businesses we have a favourable opinion of, who have large European operations and stand to benefit from an economic improvement in the region. (VIEW LINK)
The Clime Group is a respected and independent Australian Financial Services Company, which seeks to deliver excellent service and strong risk-adjusted total returns, closely aligned with the objectives of our clients.