Description
Added on the 28/07/2016 18:28:04 - Copyright : Reuters EN
German retail sales bounce back after two months of falls, but IMF officials say they're likely to mark German growth down, as Brexit uncertainty begins to bite on the euro zone. David Pollard reports.
German consumer morale reached its highest level in nearly a year heading into July. But, as David Pollard, reports the ECB sees overall euro zone growth falling thanks to the impact of the UK's Brexit vote.
EU Council president Charles Michel proposes to set up a five billion euro reserve fund for any "unforeseen consequences" of Brexit on bloc member states. SOUNDBITE
Better-than-expected UK GDP and upbeat consumer confidence data from Europe could suggest the full impact of Britain's Brexit vote hasn't hit the economy, at least not yet. The latest numbers come as UK PM Theresa May takes her case for a Brexit deal to Italy. David Pollard reports.
Along with new data showing German investors at their most anxious in nearly four years, euro zone flash consumer confidence numbers show further signs of Brexit damage to European economic sentiment. David Pollard reports.
The first official budget figures since Britain voted to leave the EU show a smaller-than-expected budget surplus. As post-referendum data continues to trickle in, attention is turning to what sort of access Britain will seek with its main trading partners in the EU. Kirsty Basset reports.
|
Support : Technical 
- Content 
- Editors 
