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Europe Day Ahead: All roads lead to Rome

Wednesday, February 27, 2013 - 02:08

Feb. 27 - Rome looks set to hog the headlines again as the Pope’s official day of departure upstages wrangling over a new government for Italy.

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-- -- ahead to Thursday's key political and financial events it's or about Italy again tomorrow after the country's inconclusive election. But the politicians don't have the limelight all to themselves. Pope Benedict due to officially stepped down off to his farewell address today medical -- -- skim off to seclusion. In a papal residence south of Rome. Outgoing prime minister Mario -- probably wishes he could make a similarly sharp access. He's off to Brussels to give a speech on competition policy but -- unlikely to be much escaping the situation back -- markets praying for a quick deal. On a new coalition often it's a -- borrowing costs soul at a bond auction to date. -- several minutes and he is reigniting worries over the future of the Euro zone capital economic managing director Roger brutal says it's time -- did more to help he. Should loosen the purse strings should expand domestic to -- In Germany they should drama large busted budget deficit. They should do all weekend to boost domestic -- about policy should be followed and Ellis of those countries of -- and as well. And if that happened that would then create a mom and ease the burden on some of the we become. Job seekers and shock was the focus of tomorrow's European -- -- Germany's unemployment rate seen holding a six point 8%. That a total number of jobless may creep up to 3.2 million. But British consumers may be getting even more wary about spending their money the JFK consumer confidence index full cost to -- to minus 27. That is one down on a month and him. Europe's troubled banks in the spotlight again tomorrow -- numbers due from bank -- and I'll -- yes or so keep an eye out for figures from Deutsche Telekom. And via. -- resolve struggling casino reporting an 18% jump in earnings. An upside surprise possible -- after -- said yesterday it would make higher than expected dividend payments. Later in the day watch out for preliminary fourth quarter GDP numbers from the US expansion of half of 1% full cost that. That is -- look ahead to Thursday's market moving events. -- mess of trouble assessments.

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Europe Day Ahead: All roads lead to Rome

Wednesday, February 27, 2013 - 02:08