Deltec Bank & Trust Ltd. Issues Investment Research Note Upgrading Stance on Euro, European Equities
EU announces creation of €750bn Coronavirus recovery fund Fund will be used to provide low-interest loans to 27 members of EU bloc while also disbursing grants to zone’s worst-hit economies In response to united fiscal response to crisis, scale of fiscal support becomes increasingly sanguine towards European financial assets Deltec Bank upgrades its stance on European Equities and Euro currency, believes these assets are set to outperform in near-and-medium term Deltec Bank & Trust, a Bahamas-based private bank recently awarded the title of ‘Best Private Bank in the Caribbean’ in 2020 (http://ibn.fm/PS1F4), has published its latest investment research note entitled “EUreka” (http://ibn.fm/UhKNZ).…