Europe Economics Update Italy’s recovery losing speed The European Commission’s measure of economic sentiment in Italy suggests that the recovery might have gained some pace in Q2. However, April’s increase in unemployment and other, more reliable... 31st May 2016 · 1 min read
Europe Economics Update Euro-zone Monetary Indicators Monitor (Apr.) April’s euro-zone monetary data suggest that economic growth remains fairly slow. While the full effects of the ECB’s expanded stimulus measures will not yet have been felt, we doubt that they will... 31st May 2016 · 1 min read
Europe Economics Update Eurogroup’s Greek debt pledges fall a long way short The likely disbursement of the next tranche of Greece’s third bailout may have reduced the risk of a summer flare-up of the country’s debt crisis. But with the creditors’ pledges on debt relief... 25th May 2016 · 1 min read
Europe Economics Update Austrian result offers only brief respite from far-right’s rise The election of pro-immigration and -EU Alexander Van der Bellen as Austria’s next president keeps the far-right Freedom Party (FPÖ) out of office for now. But the FPÖ remain the top party in general... 24th May 2016 · 1 min read
Nordic & Swiss Economics Update Swedish inflation outlook dependent on krona strength The rise in Swedish inflation will prove short-lived if inflation expectations stay below 2%. In order to boost such expectations, the Riksbank must ensure that the krona does not appreciate strongly. 21st May 2016 · 1 min read
Europe Economics Update Will Dutch consumers keep on spending? Despite the recent falls in consumer confidence, there are a number of reasons to be positive about the outlook for household spending in the Netherlands over the coming years. Nevertheless, worries... 18th May 2016 · 1 min read
Europe Economics Update French strikes darken the economic outlook This week’s French protests over a watered down labour market law highlight just how hard it will be to reform the economy. This suggests that France’s economic weakness will be prolonged... 17th May 2016 · 1 min read
Europe Economics Update Mounting risks bode ill for Italy Like much of the rest of the euro-zone, Italy’s economy got off to a decent start to the year. However,the outlook for growth remains weak and the risks to the recovery are mounting. Eventually... 16th May 2016 · 1 min read
Europe Economics Update Norges Bank policy unchanged, but rate cut on the way The Norges Bank left its key policy rate unchanged today, but with the economy weak and inflation set to fall this year, we think that further loosening is on the way. 12th May 2016 · 1 min read
Europe Economics Update Swedish inflation outlook dependent on krona strength The rise in Swedish inflation will prove short-lived if inflation expectations stay below 2%. In order to boost such expectations, the Riksbank must ensure that the krona does not appreciate strongly. 12th May 2016 · 1 min read
Nordic & Swiss Economics Update Norges Bank policy unchanged, but rate cut on the way The Norges Bank left its key policy rate unchanged today, but with the economy weak and inflation set to fall this year, we think that further loosening is on the way. 12th May 2016 · 1 min read
Europe Economics Update Greek debt talks won’t provide much relief The compromises reached by Greece and its creditors this week should allow the first bailout review to finally be completed and have prompted a favourable market response. But the first discussions... 11th May 2016 · 1 min read
Europe Economics Update Iceland holds rates but further tightening will be needed Iceland’s central bank kept its interest rates unchanged for the fourth consecutive meeting. But with price pressures set to pick up in the second half of the year, further tightening will be needed. 11th May 2016 · 1 min read
Nordic & Swiss Economics Update Iceland holds rates but further tightening will be needed Iceland’s central bank kept its interest rates unchanged for the fourth consecutive meeting. But with price pressures set to pick up in the second half of the year, further tightening will be needed. 11th May 2016 · 1 min read
Europe Economics Update Will Ireland’s new Government keep the recovery going? The formation of a new Irish government has removed some short-term political uncertainty. And the outlook for the economy over the coming years is fairly bright. That said, the government can do... 9th May 2016 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (Apr.) Full year general government figures for 2015 show that most euro-zone countries’ fiscal positions improved last year, although Portugal and Spain still fell short of their targets. Meanwhile... 5th May 2016 · 1 min read