Eurozone’s Q2 GDP 0.3% qtr/qtr, as expected (last 0.0%); 0.6% yr/yr, as expected (last 1.1%).
Q2 Employment Change 0.2% qtr/qtr, as expected (last 0.6%); 1.5% yr/yr (expected 1.4%; last 1.6%).
June Industrial Production 0.5% m/m (expected -0.1%; last 0.2%); -1.2% yr/yr (expected -4.2%; last -2.5%)
Italy’s Deputy Prime Minister Tajani is reportedly lobbying for a watered down version of the 40% bank windfall profit tax plan.
The Netherlands entered a technical recession after Q2 GDP contracted 0.3% following a 0.4% contraction in Q1.