THE ONGOING debt crisis will remain top of the euro zone agenda this week as speculation about a Greek restructuring intensifies.
Despite denials that the country will seek any kind of debt restructuring, rumours were circulating late last week that the Greek government is considering a “velvet restructuring”, which would involve the extension of outstanding debt. On the domestic front, Thursday’s retail sales figures will provide a snapshot of the mood of Irish shoppers in March.
MONDAY
Easter Monday – Irish market closed
Results:Beckman Coulter
Indicators:US New Home Sales (Mar)
TUESDAY
Results:Becton Dickinson; Coca Cola
Meeting:Deloitte VAT seminar
Indicators:Irish Wholesale Price Index (Mar); US S&P/Case-Shiller Home Price Indices (Feb) and Richmond Fed Manufacturing Index (Apr)
WEDNESDAY
Results:Associated British Foods; BP; ConocoPhillips; eBay; GlaxoSmithKline; Starbucks; Volkswagen
Meeting:Leinster Society Luncheon with ESB chief executive Pádraig McManus (Conrad Hotel, D2); DCEB training course: "Unemployed and Thinking of Starting a Business?"
Indicators:EMU Industrial New Orders (Feb); Irish Vital Statistics (Q3); US Durable Goods Orders (Mar), EIA Crude Oil Stocks Change, Fed Interest Rate Decision
THURSDAY
Results:AstraZeneca; Bristol Myers Squibb; Colgate Palmolive; Deutsche Bank; Expedia; Procter & Gamble; Saint-Gobain; SAP
Meeting:County Carlow Chamber Workshop; Dún Laoghaire-Rathdown Chamber Network Evening
Indicators:Irish Retail Sales Index (Mar); US Initial Jobless Claims (Apr 23rd) and Bloomberg Consumer Comfort Index (Apr 24);
FRIDAY
Results:Aon; Merck
Meeting:FBD agm; Ireland-US Council annual spring corporate lunch with guest speaker Minister for Finance Michael Noonan
Indicators:EMU M3, Industrial Confidence (Apr), Unemployment Rate (Mar), Consumer Confidence (Apr) and Economic Confidence (Apr)
