Europe Economics Update Renzi's recent reforms are the easy part The measures announced by the Italian PM yesterday represent a valuable short-term stimulus to the economy. But they also raise the cost of failing to implement more difficult structural reforms later... 13th March 2014 · 1 min read
Europe Economics Update Disparity in Nordic inflation rates to be sustained for now February’s consumer prices figures for the Nordic countries revealed a continued disparity between subdued inflation rates in Sweden and Denmark on the one hand and much stronger price pressures in... 11th March 2014 · 1 min read
Europe Economics Update Greek bail-out has bigger problems than current dispute Greece and the Troika may resolve the issues that have delayed the latest loan disbursement soon, but this will not resolve the fact that the country’s bail-out rests on unrealistic forecasts. 11th March 2014 · 1 min read
Nordic & Swiss Economics Update Disparity in Nordic inflation rates to be sustained for now February’s consumer prices figures for the Nordic countries revealed a continued disparity between subdued inflation rates in Sweden and Denmark on the one hand and much stronger price pressures in... 11th March 2014 · 1 min read
Europe Economics Update ECB bolsters guidance, but may still need to act The ECB opted to keep its policy powder dry today, preferring instead to strengthen its verbal forward guidance by emphasising the large amount of slack in the economy. But we still think it may need... 6th March 2014 · 1 min read
Europe Economics Update Light at the end of the tunnel for Slovenia Although the strength of Slovenia’s Q4 GDP outturn owed a lot to temporary factors, the expansion underlined that the economy is on the road to recovery and will probably avoid a euro-zone bail-out. 6th March 2014 · 1 min read
Europe Economics Update Is Italy's recovery gaining momentum? Italian economic prospects have improved over recent months, but we still think that GDP growth there will remain weaker than in the euro-zone as a whole, both in the short and medium term. 5th March 2014 · 1 min read
Europe Economics Update Does the Ukraine crisis threaten the European recovery? While the Ukraine crisis won’t have major effects on the European economy, it is another warning to the policymakers not to rely on a very positive global environment to sustain the region’s recovery... 4th March 2014 · 1 min read
Europe Economics Update Euro-zone Monetary Indicators Monitor (Jan.) Given hopes that the ECB’s Asset Quality Review had temporarily depressed lending last year, January’s weak euro-zone monetary data will keep pressure on the ECB to loosen policy further. 27th February 2014 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (Feb 14.) The smaller euro-zone peripheral economies made good fiscal progress last year, but the adjustment process is by no means over yet. Italy and Spain fared less well. As a result, this year, they may... 26th February 2014 · 1 min read
Europe Economics Update Danish mortgage market set to weather regulatory storm Denmark’s mortgage-bond market, the third largest covered bond market in the world, looks set to avoid a painful regulatory overhaul that might have weighed on the country’s recovery. 26th February 2014 · 1 min read
Nordic & Swiss Economics Update Danish mortgage market set to weather regulatory storm Denmark’s mortgage-bond market, the third largest covered bond market in the world, looks set to avoid a painful regulatory overhaul that might have weighed on the country’s recovery. 26th February 2014 · 1 min read
Europe Economics Update European elections may hinder national reform efforts A surge in support for euro-sceptic parties at the European Parliament elections in May will probably have little direct impact on the institution itself. But rising support for populist parties may... 24th February 2014 · 1 min read
Europe Economics Update Dutch recovery on track, but pace will slow The Netherlands was the fastest growing euro-zone economy in Q4. But while the country is on the road to recovery, growth will slow in the coming quarters. 19th February 2014 · 1 min read
Europe Economics Update Rates hikes in Sweden remain a distant prospect The Swedish Riksbank reiterated at its meeting today that it does not expect to raise interest rates until early next year. But we think that the expected start date of its tightening cycle will... 13th February 2014 · 1 min read
Nordic & Swiss Economics Update Rates hikes in Sweden remain a distant prospect The Swedish Riksbank reiterated at its meeting today that it does not expect to raise interest rates until early next year. But we think that the expected start date of its tightening cycle will... 13th February 2014 · 1 min read
