RaboResearch - Economic Research

Michiel van der Veen

Economist

Michiel works as an economist at RaboResearch Global Economics & Markets.

He analyzes economic developments in the eurozone with a focus on southern Europe.

Michiel studied Economics and Finance at the University of Groningen.

Publications Michiel van der Veen

Economic Comment

Eurozone growth accelerates in the first quarter of 2019

Eurozone economy grew by 0.4% quarter-on-quarter in the first quarter of 2019. Domestic demand in the Eurozone is expected to be the main driver as external demand was weak. Italy climbed out of recession in the first quarter of 2019, while Spain remains the Eurozone’s bright star.

Special Dutch version

Recession strikes (again) on the Italian peninsula

Italy’s slipped into a recession. A quick rebound is not to be expected. New budgetary issues are likely to raise concerns on the market later this year. Growth is forecasted to be flat in 2019. The probability of a coalition break-up is low, but looks set to increase after European elections.