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Wednesday, May 12, 2010

Spain Wants a $2 Bn Reduction in Renewable Bill

Spanish Industry Miguel Sebastian wants to reduce the annual cost of renewable-energy plants by 1.6 billion euros, El Confidencial reported, citing a document from the ministry. The cut would affect rates for existing photovoltaic and wind-energy installations, El Confidencial said.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Jul 14
04:00 Business NZ PSI 2 44
04:15 Electronic Card Retail Sales (YoY) 1 0.9%
04:15 Electronic Card Retail Sales (MoM) 1 -0.2%
04:31 Rightmove House Price Index (YoY) 1 0.8%
04:31 Rightmove House Price Index (MoM) 1 -0.3%
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