Key Economic News to Watch This Week: June 24
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EU leaders meet in Brussels this week for a special economic summit aimed at boosting growth in the 27-nation union. South Korean President Park Geun-hye meets with her Chinese counterpart Xi Jinping on Friday and will likely seek Beijing’s support for a denuclearised Pyongyang.
Monday, June 24
Elvira Nabiullina takes over as the head of Russia’s central bank, the first woman to head a Group of 8 central bank.
EU leaders meet in Brussels this week for a special economic summit aimed at boosting growth in the 27-nation union. South Korean President Park Geun-hye meets with her Chinese counterpart Xi Jinping on Friday and will likely seek Beijing’s support for a denuclearised Pyongyang.
Monday, June 24
Elvira Nabiullina takes over as the head of Russia’s central bank, the first woman to head a Group of 8 central bank.
Related: Nearly $50bn Left Russia Illegally in 2012, Reveals Central Bank
German Chancellor Angela Merkel launches the campaign platform for her Christian Democratic Union party, ahead of Bundestag elections in September.
Tuesday, June 25
Russian, U.S. and U.N. officials meet in Geneva to prepare for a proposed (and delayed) peace conference in July between the warring sides in Syria.
Related: China Hesitant to Intervene in Syria: Kofi Annan
Related: Has ‘Partial Intervention’ In Syria Failed?
Wednesday, June 26
The EU is due to reach a political agreement on reforms of the Common Agricultural Policy, including plans to pay farmers for “environmental public goods” under a “fairer and greener” policy.
Related: Europe’s ‘Sacred Cow’: Should The Common Agricultural Policy Be Culled?
Thursday, June 27
EU leaders meet in Brussels for a special economic summit and will focus on coordinating economic and fiscal policy in the 27-member bloc.
Portugal’s largest union has called for all workers to down tools for the day in protest at government austerity measures, which it says have “devastated Portugal economically and socially”.
Related: Spain, Portugal Seek Help From Former Latin America Colonies
South Korean President Park Geun-hye holds her first summit with China’s President Xi Jinping. Park has said she will use the meeting to get Beijing’s support for a denuclearised Pyongyang. China is North Korea’s closet ally but the world’s second largest economic power has grown increasingly frustrated with Pyongyang and was heavily involved in UN sanctions imposed for the North’s third nuclear test in February.
Related: South Korea Should Consider Developing Nuclear Weapons, Says Top Lawmaker
