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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, Apr 14
04:00 Business NZ PSI 2 49.1
04:15 Visitor Arrivals (YoY) 1 13.4%
04:15 Electronic Card Retail Sales (YoY) 1 -4.2%
04:15 Electronic Card Retail Sales (MoM) 1 0.3%
12:00 Producer and Import Prices (MoM) 1 0.2% 0.3%
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