On Monday the Buba released its monthly report, citing better private consumption, manufacturing and exports for higher growth
- "The economy has likely showed better momentum in the spring than at the start of the year
- Although it is unlikely that the high growth rates of the past year will be repeated, manufacturing was once again the key economic driving force."
This will be noted by the European Central Bank, they'll view the slowdown in Q1 appearing to being reversed. Its probably unlikely they'll have too much to say on it Thursday, but stay tuned:
- Thursday 26 July
- 1145 GMT for the announcement
- 1230 GMT for Draghi's presser