NETHERLANDS DAYBOOK: Parliament Debates Spain Aid, House Prices
The Dutch parliament is scheduled to debate the rescue package for Spanish banks with finance minister Jan Kees de Jager from 1:30 p.m. in The Hague.
(All times CET, estimates where available)
WHAT TO WATCH: * Achmea Hypotheekbank sold EU783.7 million of residential- mortgage backed securities to refinance its existing mortgage portfolio * Dutch Realtors association NVM to publish 2Q house prices, 10:00 a.m.
ECONOMY: * 9:30 a.m.: May retail sales Y/y, no est. (prior -8.7%) * 9:30 a.m.: May trade balance, no est. (prior EU4.4b)
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