The chances of a majority of EU countries being able to merge their currencies in 1997 are at best slim, according to Henning Christophersen, the European economic affairs commissioner.
'There is a general consensus that it would be better to wait until 1999,' he said. 'Unless we get 3 per cent (economic) growth in 1996 and more in 1997, it will be impossible.'
Producer price index (May), capital issues and redemptions (May).
Interims: Prospect Industries, Unidare.
Finals: Banner Homes Group, James Cropper, Cullen's Holdings, Jarvis, Oriflame International, Christian Salvesen, Umeco.
Construction - new orders (Apr). CBI survey of distributive trades (May). US: retail sales (May), consumer prices index (May).
Interims: Berisford International, Hawtin, Lazard High Income Trust (3rd interim div), David Lloyd Leisure, Neotronics Technology, Slimma.
Finals: ACT Group, Amberley Group, Applied Holographics, Attwoods (3rd quarter), BSS Group, Bradford Property Trust, Charter, East Surrey Holdings, F&C Smaller Cos, Grand Central Inv Holdings, Marshalls, Oceana Consolidated, Volex Group, Severn Trent, Symonds Engineering, Unigate, Wellman, Whitecroft, Wrexham & East Denbighshire Water.
Retail prices index (May). Labour market statistics: unemployment and unfilled vacancies (May, prov); average earnings indices (April, prov); employment, hours, productivity and unit wage costs; industrial disputes Labour force survey (winter 1993-94). US: industrial production (May), current account (1st quarter).
Interims: Allders, Alvis, Burndene Investments, London Scottish Bank, NFC, Southern Business Group.
Finals: British Thornton, Drayton Recovery Trust, Exmoor Dual Inv Trust (3rd quarter), C E Heath, Hicking Pentecost, London Electricity, Mansfield Brewery, Marston Thompson & Evershed, Mountview Estates, Robert Wiseman Dairies, Stirling Group, Thames Water, Ugland International.
Public sector borrowing requirement (May). Retail sales (May). Financial statistics (June). Provisional figures for vehicle production (May). US: housing starts (May).
Interims: Bradstock Group, Denmans Electrical, Osprey Commns, RCO Support Services, Tor Inv Trust.
Finals: AAH Holdings, Brockhampton Holdings, Chester Water, Chloride Group, Embassy Property Group, FKI, Hardy Oil & Gas, London Merchant Secs, Moorgate Smaller Companies Inv, Penna, Porter Chadburn, Portsmouth Water, Protean, Regalian Group, Safeland, Smith New Court, Southern Water, South Wales Electricity, Thomas Locker (Holdings), Tinsley Robor.
Company liquidity (1st quarter).
Interims: Grainger Trust, Greenwich Communications, Henderson Strata Inv.
Finals: Cambridge Water, Cheam Group, Dares Estates, Davenport Knitwear, Faupel Trading Group, James Latham, Portsmouth & Sunderland, VTech Holdings, Wainhomes, Wintrust.Reuse content