Europe Data Response German Ifo Survey (Feb.) February’s rise in the German Ifo index adds to evidence that the economy might avoid falling into recession in Q1, but this still looks set to be a tough year. 23rd February 2012 · 1 min read
Europe Commercial Property Update Euro-zone commercial property recovery hopes dashed by PMIs This morning’s “flash” release of euro-zone PMI data poured cold water on hopes that Q4’s quarterly economic contraction would be a one-off. Indeed, it looks as though the euro-zone is now in a... 22nd February 2012 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Feb.) February’s fall in the euro-zone PMI puts a bit of a dent in hopes that Q4’s economic contraction will prove to be a one off. 22nd February 2012 · 1 min read
Europe Commercial Property Chart Pack Yield recovery on the brink of going into reverse The final quarter of 2011 brought the strongest evidence yet that the downward phase in euro-zone commercial property yields has not only come to an end, but has started to go into reverse. Falling... 16th February 2012 · 1 min read
Europe Data Response Euro-zone GDP (Q4) The provisional Q4 euro-zone GDP figures confirmed that the economy contracted at the end of last year, albeit by a bit less than had been feared. The 0.3% quarterly fall was slightly better than the... 15th February 2012 · 1 min read
Europe Data Response Euro-zone Industrial Production (Dec.), & German ZEW (Feb.) 14th February 2012 · 1 min read
Europe Economics Weekly Greece on the brink, yet again The immense difficulties in finalising a second rescue package and debt restructuring for Greece have pushed the country right to the brink once more. Even if the policymakers manage again to step... 13th February 2012 · 1 min read
Europe Data Response German Industrial Production (Dec.) December’s drop in German industrial production was a serious blow to hopes that the economy might be recovering. The 2.9% monthly fall was far weaker than the consensus forecast of no change and came... 7th February 2012 · 1 min read
Europe Economic Outlook Crunch year for the euro-zone? While the news on the euro-zone economy has improved a bit in the last month or two, 2012 could still turn out to be crunch year for the currency union. Fiscal progress in the peripheral economies has... 6th February 2012 · 1 min read
Europe Economics Weekly Compact agreed, but economies diverge While European leaders have now agreed to the fiscal compact proposed last year, its terms have been diluted significantly. Meanwhile, their economies have continued to diverge. Most worryingly, while... 6th February 2012 · 1 min read
Europe Economics Weekly Could Germany yet save the euro? Worries about the Greek debt deal were offset last week by greater optimism towards Germany. Not only were there further signs of a pick-up in the economy, but Angela Merkel hinted that she would be... 30th January 2012 · 1 min read
Europe Commercial Property Outlook On the cusp of a fresh downturn The recovery in capital values seen in most euro-zone property markets over the past year or so, looks set to be reversed in 2012. As the economy slides back into a deep recession, occupier demand... 26th January 2012 · 1 min read
Euro-zone departures to exacerbate the downturn The euro-zone stands on the brink of a deep recession which will encompass all member states. Emerging European economies have less scope to loosen policy in response to a drop in euro-zone output... 25th January 2012 · 1 min read
Europe Data Response German Ifo Survey (Jan) January’s rise in the German Ifo index suggests that the economy is holding up relatively well, but activity is nowhere near strong enough to provide a meaningful boost to the euro-zone’s periphery. 25th January 2012 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Jan.) January’s increase in the euro-zone composite PMI is certainly an encouraging sign, but the survey still suggests that the region is in recession. 24th January 2012 · 1 min read
Europe Economics Weekly Greek debt deal won’t eliminate break-up risks The Greek government appears to be close to agreeing a deal with bond-holders which should both reduce its debt burden and ensure that it gets its second bail-out in time to finance the redemption of... 23rd January 2012 · 1 min read
