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Europe Weak Ahead: Greek PM's euro tour no holiday

Friday, August 17, 2012 - 02:05

Aug. 17 - Greek Prime Minister Antonis Samaras heads for Berlin and Paris next week to ask for more time to meet budget deficit targets, but he may not be in for a warm welcome.

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European stocks up a fifteen month high off the -- knuckles says she has no problem with the ECB's likely move to be Scott bond buying. But even -- the central buying doesn't make such a move some analysts say it may be more -- gun and bazooka. We are looking at probably had a small amounts may be in the area 20300. Billion so I think we should not confuse it with. Quantitative easing that we see from the fans -- from the Bank of England for example with a sums involved are significantly tea. But nevertheless I think it might be a step change for the ECB. The -- -- to pick up again next week with BC's prime minister due to meet medical and French president Francois along. Anthony some on us is expected to renewed his call for -- to be given another two years to hit its deficit targets. Medical on the long also likely to meet separately to coordinate their position. And there's every chance that it will be a resounding no from Athens. Spain and focused -- as markets wait to see whether the government in Madrid will officially ask for aids. Sentiment to be tested on Tuesday with the sale of T bills although Spain's biggest funding huddles on June until October. And it's another busy week for dates and Europe plus. On that likely to add to the gloomy outlook for the second half. Small declines on nor change is the banks that can be hoped for according to economists polled by voters. Also watch out for the second estimate of second quotes -- UT GDP on Friday. Doing expectations -- of a big outlook revision opt out large upward revision to June retail sales -- this week. On the -- calendar Heineken among the big names -- support and sort of numbers due on Wednesday. And investors will be looking for clues to the state of its bid for Asia Pacific breweries also keep an eye out for updates from going -- and BHP Billiton. So from us and I know I'm -- to give up the siblings of.

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Europe Weak Ahead: Greek PM's euro tour no holiday

Friday, August 17, 2012 - 02:05