Euro Calendar: First-Quarter’s Key Dates

Following are important events that may affect the euro-region economy and the single currency in the first quarter.

HIGHLIGHTS
Jan. 9: German Chancellor Angela Merkel, French President
     Nicolas Sarkozy hold debt-crisis talks in Berlin.
Jan. 30: European Union leaders meet in Brussels on debt crisis.
Feb. 29-March 1: Italy redeems 46.5 billion euros of bonds,
     bills.
March 1-2: EU leaders meet in Brussels on debt crisis.
March 20: Greece redeems 14.4 billion euros of bonds.

JANUARY
1    Denmark assumes EU presidency.
     U.S. assumes the Group of Eight presidency.
4    Germany redeems 25 billion euros of bunds.
     Germany holds top-up sale of benchmark 10-year bund with 2
     percent coupon, targeted volume 5 billion euros.
     Portugal sells treasury bills with target amount of 750
     million euros to 1 billion euros.
     Euro-area December inflation initial estimate from
     Eurostat.
5    France sells bonds with maturities of 10, 12, 24 and 30
     years; target volume 7 billion euros to 8 billion euros.
6    Euro-region December economic confidence from the European
     Commission.
     Euro-region November unemployment from Eurostat.
9    Merkel holds debt-crisis talks with Sarkozy in Berlin.
10   Greece may sell 26-week bills.
11   Germany holds federal bond (Bobl) auction with target
     volume of about 4 billion euros.
     Greece redeems 16 million euros of bonds.
12   European Central Banks Governing Council holds monthly
     monetary policy meeting.
     Spanish Treasury sells three-year bonds.
     Italy sells bills.
     France redeems 14.8 billion euros of treasury notes.
13   Greece redeems 2 billion euros of treasury bills.
     Italy sells bonds.
     Merkel attends two-day meeting of her Christian Democratic
     Union in Kiel, Germany.
16   Italy redeems 7.7 billion euros of treasury bills.
17   Spain sells 12- and 18-month bills.
     Greece may sell 13-week bills.
     Euro-region December inflation final report from Eurostat.
     ZEW releases economic sentiment survey.
18   Sarkozy hosts a “social summit” and may announce changes
     to the 35-hour work week.
     Germany holds top-up sale of two-year federal treasury
     notes (Schatz) with 0.25% coupon; targeted volume 4 billion
     euros.
19   Spanish Treasury sells bonds.
     Belgium redeems 7.5 billion euros of treasury bills.
     Sarkozy gives speech on economy.
20   Spain redeems 8.6 billion euros of treasury bills.
     Portugal redeems 4 billion euros of treasury bills.
     Greece redeems 2 billion euros of treasury bills.
23   Euro-area finance ministers meet in Brussels.
     Euro-area January consumer confidence from European
     Commission.
24   EU finance ministers meet in Brussels.
     Spain sells six-month bills.
25   German top-up of 30-year bond with 3.25% coupon; volume
     sought about 3 billion euros.
25   World Economic Forum annual meeting opens in Davos,
     Switzerland. The meeting runs through Jan. 29.
26   Italy sells bonds.
27   Italy sells bills.
     Spain publishes fourth-quarter unemployment data.
30   EU leaders meet in Brussels.
     Italy sells bonds.
     Belgium sells bonds.
     Spain releases final fourth-quarter GDP data.
     Euro-area January economic confidence from European
     Commission.
31   Italy redeems 7.5 billion euros of treasury bills.

During the month: The European Financial Stability Facility may
release short-term debt issuance schedule and may hold bond
auctions held over from the fourth quarter. Croatia holds a
referendum on EU accession. The International Monetary Fund
conducts a review of Greece around Jan. 16. Spanish union and
business leaders are set to present Prime Minister Mariano Rajoy
with proposals for a labor-market overhaul around Jan. 6.

FEBRUARY
1    Italy redeems 25.8 billion euros of treasury bonds.
     Germany holds top-up sale of benchmark 10-year bund with 2
     percent coupon; targeted volume 5 billion euros.
     Euro-area January inflation initial estimate from Eurostat.
2    France sells bonds.
3    Munich Security Conference opens; runs through Feb. 5.
8    Germany holds top-up sale of 5-year federal bonds (Bobl);
     targeted volume of about 4 billion euros.
9    ECB holds rate meeting.
10   Greece redeems 1 billion euros of treasury bills.
13   Italy sells bills.
14   Greece fourth-quarter GDP provisional release.
     Italy sells bonds.
     Greece may sell 26-week bills.
15   Italy redeems 8 billion euros of treasury bills.
     Euro-area fourth-quarter GDP initial estimate from
     Eurostat.
16   Belgium redeems 7.2 billion euros of treasury bills.
17   Spain redeems 13 billion euros of treasury bills.
     Portugal redeems 3.7 billion euros of treasury bills.
     Greece redeems 1.3 billion euros of treasury bills.
19   Proposed date for Greek general election.
20   Euro-area finance ministers meet in Brussels.
21   EU finance ministers meet in Brussels.
     Greece may sell 13-week bills.
     Euro-area February consumer confidence, initial estimate
     from European Commission.
22   Germany sells 2-year federal treasury notes (Schatz) with
     targeted volume of about 5 billion euros.
24   Italy sells bonds.
27   Italy sells bills.
     Belgium sells bonds.
28   Spain redeems 1.3 billion euros of government bonds.
     Italy sells bonds.
     Euro-area February economic confidence, final report from
     European Commission.
29   Italy redeems 8.7 billion euros of treasury bills.
     Italy redeems 10.6 billion euros of zero-coupon treasury
     credit certificates.
     German holds top-up sale of benchmark 10-year bund with 2
     percent coupon; targeted volume 4 billion euros.
     Euro-area January inflation, final report from Eurostat.

MARCH
1    EU leaders meet in Brussels (two-day summit).
     Italy redeems 14.9 billion euros of treasury bonds.
     Italy redeems 12.3 billion euros of treasury credit
     certificates.
     Euro-area February inflation, initial estimate from
     Eurostat.
     Euro-area January unemployment rate from Eurostat.
4    Belgium redeems 318 million euros of government bonds.
5    Ireland redeems 5.5 billion euros of government bonds.
     Spain redeems 1 billion euros of government international
     bonds.
6    Euro-area fourth-quarter GDP final report from Eurostat.
7    Germany holds top-up sale of 5-year federal bond (Bobl),
     targeted volume of about 4 billion euros.
8    ECB holds rate meeting.
9    Greece redeems 1.5 billion euros of treasury bills.
     Greece fourth-quarter GDP final release.
10   Slovakia holds parliamentary election.
12   Euro-area finance ministers meet in Brussels.
13   EU finance ministers meet in Brussels.
     Italy sells bills.
     Greece may sell 26-week bills.
14   Italy sells bonds.
15   Italy redeems 8.3 billion euros of treasury bills.
     Belgium redeems 5 billion euros of treasury bills.
16   Germany redeems 19.2 billion euros of federal treasury
     notes.
20   Greece redeems 14.4 billion euros of government bonds.
     Greece may sell 13-week bills.
21   Germany holds top-up sale of 2-year federal treasury notes
     (Schatz), targeted volume of about 5 billion euros.
23   Spain redeems 9.5 billion euros of treasury bills.
     Portugal redeems 2.8 billion euros of treasury bills.
     Greece redeems 1.6 billion euros of treasury bills.
26   Belgium sells bonds.
27   Italy sells bonds.
28   Italy sells bills.
     Belgium redeems 4.2 billion euros of government bonds.
29   Italy sells bonds.
30   Italy redeems 8.8 billion euros of treasury bills.
     Euro-area finance ministers meet in Copenhagen.
     Euro-area March economic confidence from European
     Commission.
     Euro-area March inflation, initial estimate from Eurostat.
31   EU finance ministers meet in Copenhagen.
31   Spain’s Rajoy set March 31 as the deadline for presenting
     the 2012 budget to Parliament.

France holds a presidential election on April 22.
Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.