PARIS (awp/afp) – Update on this Friday’s economic news at 8:00 pm (6:00 pm GMT):
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United States: Inflation in May intensifies again with a year-on-year increase of 3.9%
– Decline in household income, but their spending remains stable in May
– Fed: Stress test successful for big banks, sanctions lifted
Nuclear: Washington and Paris pressurize new Iranian president
– The IAEA has not received a “feedback” from Tehran on the possible extension of the arrangement on the inspection which has just ended
France: Public debt climbed to a record low of 118.2% of GDP at the end of the first quarter
– Unemployment (Category A) fell sharply by 3.5% in May
– Health insurance aims to save €1 billion in 2022
Envision battery plant in Douai: to achieve 1,000 jobs by 2024
CAP reform: agreement between MEPs and EU states
Covid: In need of vaccines, Africa in grip of third “brutal” wave
– Iceland lifts all restrictions related to Kovid-19
Money Laundering: Haiti, Malta, Philippines and South Sudan are on the Gray List of Financial Action Task Force (GAFI)
France: Regulated gas tariffs will increase by almost 10% in July
Brussels region to ban all cars with combustion engines in 2035
===================================== To continue on Monday ===============
Economy
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ECB
Speech by Executive Board Member Fabio Panetta on Monetary Policy during the COVID-19 Pandemic – (10 AM)
UK
European Development Bank (EBRD) meeting – (until 2 July)
Germany:
Annual conference on finance with presentations by European bankers and central bankers –
companies
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Barcelona: World Mobile Fair – (until July 1)
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