Reuters - Video

Edition: US | UK | IN | CN | JP

video Finance Videos

Europe Day Ahead: More painful reforms in Spain

Wednesday, September 26, 2012 - 02:20

Sept. 26 - A look at Thursday's key events including a tough new budget from Spain and the start of the Paris Motor Show.

▲ Hide Transcript

View Transcript

-- look at Thursday's key events coming up first the headlines Wednesday afternoon -- hallway -- -- pressure Spain's PM. Feels like he's amid violent protest and predictions for other economic -- Spain the focus of a selloff shares slump and ten year yields rise back to sixth sense has doubts about Madrid's commitment to reform grow. I'm strikes test the Greek government's -- violent protests in Athens at -- investor concerns. Turning to tomorrow now spring once again in focus sub prime minister required presents more painful economic reforms. And a tough 2013 budget that's aimed at persuading Euro -- parmesan and -- he's serious about deficit counting. Credit Agricole as Peter -- says event risk is keeping invest is on the sidelines. Investors really cautious because of the amendment race there is this week you know we both apologies we've got. Didn't. Thirty months in review of of Spain's rating from Moody's. -- these and the region and elections which is surfacing NASA has a lot going on. Most cities in the future but in this in the near term future say it's just a recent avoid the market. More civil unrest expected in Greece tomorrow and customs tax offices and finance ministry employees holed a 48 -- and -- austerity strike and rally. Today police -- tear gas and hooded youths hurling petrol bombs as tens of thousands took to the streets to demonstrates. On the data front Germany September jobless rate expected to remain steady at six point 8% well below June's eleven point 2% reading. Any change to the UK's final Q2 GDP number will be closely analyzed remember the previous reading came in. As a contraction of no point 5%. And Euro zone sentiment dates rules achievements readings expected to deteriorate. Even further. Finally we're off to -- Paris motor show tomorrow where among others so we'll talk with the CEO -- -- Land Rover. And Renault Nissan boss Carlos stones or to make its opening to dazzle but says no amount of shiny chrome of course can distract. From the deep rooted challenges facing them in the European marketplace that's all look ahead to Thursday. I'm axle problems.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Europe Day Ahead: More painful reforms in Spain

Wednesday, September 26, 2012 - 02:20