U.K Trade Deal, German Industry, Japanese Spending: Eco Day

(Bloomberg) -- Welcome to Tuesday, Europe. Here's the latest news and analysis from Bloomberg Economics to help you start the day:

The U.K.'s trade deal with the European Union isn't the only massive project that British negotiators must contend with before they quit the bloc at the end of the year
German industrial production rose less than analysts expected in May, underscoring the challenge faced by Europe's economy as it emerges from months-long coronavirus lockdowns
Italy plans to dramatically expand public investment, focusing on boosting growth rather than reining in debt as the government plots its way out of the worst recession in a century.
The U.K. will pump 3 billion pounds ($3.75 billion) into environmental projects as part of its plans to protect jobs in the wake of the coronavirus pandemic
Australia's central bank chief highlighted worries among households and businesses about the economic outlook, as the nation's successful run of Covid-19 containment was rocked by a new outbreak, damping the economy's otherwise improving prospects
Lebanon's economic crisis is fast slipping out of control, driven by a currency collapse that's decimating businesses and plunging families into destitution.
Japanese household spending fell by a fresh record in May, even as businesses began to reopen and more people ventured out after a nationwide state of emergency was lifted
Economic activity in parts of the the U.S. is showing signs of leveling off amid a resurgence in coronavirus cases, according to Federal Reserve Bank of Atlanta President Raphael Bostic.