Events: EU finance ministers gather in Brussels to discuss excessive deficits in Belgium, France, Italy, Hungary, Malta, Poland and Slovakia, while the bloc’s energy ministers hold informal talks on geothermal power. Spanish economy minister Carlos Cuerpo releases a new macroeconomic forecast. The Czech and Ukrainian governments jointly meet in Prague. Sri Lankan foreign minister Ali Sabry visits Romania.
Corporate updates: Ocado, the UK online grocery store, seeks to prove to sceptical investors that it is on the road to recovery when it publishes first-half results.
Economic data: Figures to be published by Kantar today show whether the damp British summer has dented supermarket sales. According to Kantar’s most recent index, take-home grocery sales rose by just 1 per cent over the four weeks to June 9. Germany publishes a second-quarter update of labour market statistics. In May, the seasonally adjusted number of people in employment rose by about 20,000 compared with the previous month.
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