Europe Week Ahead: Greece aid talks, EU budget in focus
Friday, November 23, 2012 - 02:32
Nov. 23 - The resumption of Greek aid talks and potentially the EU budget are among key events that will be watched by investors next week.
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On the menu next week an impasse over -- -- and the use one trillion you know budgets. So Shays tell Reuters it's likely that a deal will be big so -- Athens gets its next tranche of -- but an agreement on the use budget may -- more elusive. Some economists say this may be no bad thing as it will allow you to focus on more pressing matters. The most important matter for Europe at the moment is to fix the Greek situation. And to wage issues that businesses across the -- -- them regain confidence in the future all the U. For that we don't really need to attend your budget do you. For that we need to be a pretty good decisions eight on Greece and be all in the future shape of the Euro though. In the sense of the future fiscal roots and the waste to police those rules. On Sunday Spain's wealthy but financially troubled region of Catalonia heads to the polls to choose a new government. Opinion polls show most cuts ones will vote for pro independence parties which may lead to a referendum on ticking away from Spain. This could be a headache for prime minister -- not adult calling -- there is resisting -- pressure to seek financial bailout. On Tuesday Portugal's parliament -- final vote on his 25 -- budget the budget which outlines. The harshest measures yet on the Lisbon 78 billion Euro bailout is likely to be approved. Plenty to digest on the data front highlights includes. Consumer confidence numbers from actually fronts and the eurozone plus we'll also be gets him to -- its third quarter GDP numbers from the United Kingdom. And -- come eurozone debt sales next week likely to draw strong interest from investors Italy -- zeal could open and inflation linked bonds and choose their. -- on Wednesday the Netherlands sales up to three billion euros of 2015 bones and Germany so -- billion euros of five year bonds. On Thursday lord justice led us and we'll publish the first part of his report on UK press standards. The let us an inquiry which has looked into the practices of the British press following the news international phone hacking scandal. Will lead to recommendations for the future regulation of -- in the UK. And be sure to tune in front of our coverage of the Reuters investment summits we'll be speaking to some of the world's biggest asset managers including. The chief executive of MA fund managers and the chief investment officers of how hands and bidding asset management. But some look ahead to next week I'm -- we gave up this is Reuters.
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