Developing economies are more vulnerable to new virus strains due to lower vaccination coverage, slower pace of vaccination and the nature of their vaccines. Global economic recovery and rising interest rates by major central banks increase pressure on domestic policymakers and country balance sheets.
The new Dutch coalition government’s Climate and Transition fund boosts the credibility of its hydrogen plans. The Dutch now rank first in the Champions League for clean hydrogen.
The European Commission proposed to include nuclear energy and gas in the EU Taxonomy. The addition of these activities has caused debates among Member States about a fundamental question: Are nuclear and gas the new green?
Dutch Housing Market Quarterly Dutch version
House prices are expected to rise by 14.9 percent this year and 12.4 percent in 2022. The number of homes sold will fall sharply in 2022, to 188,000. For the full year 2021, we expect to see around 222,000 transactions.
Economic Quarterly Report Dutch version
We expect the Dutch economy to grow by 2.9 percent in 2022, lower than previously projected. This is due to stricter corona measures and higher than expected inflation.
Economic Comment Dutch version
Hard economic data usually comes available at quite some lag. To gauge the economic impact of COVID-19 we look at more timely economic indicators that are readily available. Data on traffic jams, international flights, and restaurant bookings are released sooner and more frequently. This helps us to better monitor the economic situation during the COVID-19 crisis.
On the one hand, we expect high labour demand and labour market scarcity to increase the likelihood of wage growth. On the other hand, this upside potential is being eroded by an increased supply of labour from overseas, international competition, and structural shifts. As such, we believe it will take some time before “significant” wage growth will occur.