The Channel tunnel operator hopes to get UK state aid to help ensure its long-term future as Britain risks losing the rail link for two years if Eurostar collapses.
Unemployment figures in the UK give a health check on a slowly reopening economy, while central bank activity on the continent will also show what official lines are on how the European Central Bank intends on supporting the economy into Q2.
The pound rose against the euro on Friday reversing early losses, and was set for weekly gains against the common currency as traders weighed how the re-opening of Britain's economy would affect its recovery. After a strong first quarter, helped by a speedy roll-out of COVID-19 vaccinations across Britain and by dwindling expectations of negative interest rates, sterling had a weaker start to April, hurt by profit-taking. In early London trading, the pound fell versus the euro to 87.18 pence, its lowest level since Feb. 26, but it recovered some ground and was up 0.2% at 86.65 pence at 1600 GMT.