The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
A few hairy deals suggest a resurgence of animal spirits in the European boardroom. Royal Dutch Shell’s $70 billion-odd bid for BG and Nokia’s $17 billion move on rival Alcatel-Lucent are complex, if long-mooted, tie-ups finally coming to fruition. Last year’s $3.5 trillion merger boom was mostly an American affair. But if corporate bosses from London to Espoo to Turin are feeling this daring, Europe will soon account for its fair share.
The recent green shoots emerging out of the euro zone economy could look a little more leafy on Thursday when data is likely to show a long-awaited recovery in private bank lending is starting to pick up pace.
The head of euro zone finance ministers urged Greece on Monday to "stop wasting time" and buckle down to serious talks on implementing a reform programme to secure urgently needed funds from its international creditors.