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Europe Week Ahead: Eurogroup Mtg, German Zew, -Ifo, -GDP, EZ PMI, BoE Minutes
The Eurogroup meeting on 22 November will discuss the Commission’s opinions on member states’ draft budgets and whether they comply with the country specific recommendations adopted in July. The meeting will also include the Commission’s assessment of the fiscal outlook for the Eurozone and its policy implications. Member states have to finalise their budgets before the end of the year in light of these discussions. The latest reviews of Portugal and Greece will also likely take center stage following the decision by Ireland this week to exit its bailout programme without a precautionary credit line. We expect ... (full story)