societe generale

The French firm says Portugal, Italy, Ireland, Greece, and Spain are good options for investors due to economic growth and political stability

The French bank recommends a long position in Greek bonds against Belgian ones

Looking ahead, Societe Generale anticipates the European Central Bank to commence interest rate cuts starting in June, with quarterly reductions of 25 basis points (or totaling 75 basis points for the year).

However, the French bank suggests that new EU fiscal rules could increase political pressure on these nations