* BDI boss: "Germany must wake up from sleeping phase" * Labour union head: Berlin risks prosperity of next generation. By Michael Nienaber. Germany's BDI industry association and the DGB trade union called in a rare joint statement on Monday for the government to rethink its budget priorities and boost public investment to make Europe's largest economy fit for future growth.
* Euro zone bond yields inch higher. * Trade war remains key focus. * DBRS maintains Italy credit rating. * Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr. By Dhara Ranasinghe. Government bond yields in the euro area were just a touch higher on Monday as stock markets rallied, with caution over U.S.-China trade talks continuing to support fixed income markets.
The Netherlands' economic forecasting agency CBP on Monday said it expects GDP growth to slow to 1.1% annually for the 2022-2025 period, assuming nothing changes in the world economy or government policy.
Germany's BDI industry association and the DGB trade union called in a rare joint statement on Monday for the government to rethink its budget priorities and massively boost public investment to make Europe's largest economy fit for future growth.
* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr. Government bond yields in the euro area were little changed on Monday, supported by caution over U.S.-China trade talks.
The British government will call a regional election in Northern Ireland if Irish nationalists and pro-British unionists fail to reach agreement to restore a power-sharing government by mid-January, a British minister said on Friday.
It may be possible to negotiate a new free-trade deal between Britain and the European Union by the end of next year if it does not diverge significantly from current trading terms, Irish Prime Minister Leo Varadkar said on Friday.
The European Union filed a complaint at the World Trade Organization on Friday against Colombia over duties imposed on frozen potato fries from Belgium, Germany and the Netherlands. Colombia imposed anti-dumping duties of between 3% and 8% on frozen fries for two years in November 2018 after complaining that the prices of these imports were artificially low.
* Bund yields down 7 bps this week, biggest weekly fall since Aug. * Italian yields set for 4th straight week of rises. * Split between core and peripheral EZ opens up. * Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr. By Dhara Ranasinghe.
* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr. Government borrowing costs in Germany and France were set for sizeable weekly declines, in contrast to southern European countries that have come under heavy selling pressure again this week.
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