Maartje works as an economist at RaboResearch Global Economics & Markets.
She focuses extensively on (political and economic) developments in Spain, Italy, Greece and Portugal. On top of that she also covers main themes for the Eurozone as a whole.
She previously worked at the University of Antwerp where she researched the relationship between financial institutions and government debt in the eurozone at the time of the financial crisis. Maartje has studied Economics and Finance at Tilburg University.
Economic Report Dutch version
President Mattarella has approved a Five Star-League government. The government has the intention to go on a spending spree and intensify opposition against Brussels, but not to leave the Eurozone. The risk, though, cannot be fully neglected.
The short-term economic impact of the current political turmoil is limited. Italy will likely keep the Euro, but a government with Five Star and the League could severely damage debt sustainability and longer term growth prospects.
Economic Comment Dutch version
In the first quarter of 2018 the Eurozone economy grew by 0.4% compared to the previous quarter, after 0.7% quarterly growth in the final quarter of last year. This growth moderation is unlikely to derail the ECB’s timeline for policy normalisation.
Economic Update Dutch version
Spain’s economy has started the year on a strong footing with 0.7% quarterly growth. We expect the economy to grow with 2.8% in 2018 compared to just above 2% growth in the Eurozone. The Catalan crisis has had limited economic impact so far.
The EU is temporarily exempted from the steel and aluminium tariffs in the US. While seeking permanent exemption, it might be difficult for the EU to increase defence spending to the satisfaction of the US, due to the possibly massive costs involved.
De spanningen lopen verder op nu Trump China op de korrel neemt. De EU heeft juist een ontheffing gekregen op hogere tarieven. De ontheffing is echter tijdelijk. Hoe gaat het nu verder? En welke sectoren lopen het meeste risico als spanningen escaleren?
In anticipation of the new tensions in the trade war saga, we assess which economic segments are most vulnerable in China, Europe and the US. We subsequently look at bilateral trade ties, food & agri flows and fiscal deficits related to higher defence spending.