RaboResearch - Economic Research

Maartje Wijffelaars

Senior Economist

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.

Publications Maartje Wijffelaars

Economic Report Dutch version

Spain is not Italy!

Unlike in Italy, Spain’s new government is very much pro-EU and has indicated to comply with the European budget rules. The economic impact of the government shuffle will expectedly be very limited in the short term. Early elections are likely.

Economic Report Dutch version

The implications of Italy’s populist government

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.

Economic Comment

Italy’s political crisis continues

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 Update Dutch version

Spain’s economy keeps going strong

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.

Economic Comment

The defence spending gap in the EU

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.

Special

The Trump trade war intensifies: which segments are most vulnerable?

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.