RaboResearch - Economic Research

Economic Update

Spain: Reopening of the economy boosts the recovery

The reopening of the economy has spurred economic activity in the services sector. In Q2 GDP grew with 2.8%. The recovery is set to continue with again strong albeit slowing growth rates in the coming quarters. GDP will reach its pre-crisis level end- 2022.

Economic Comment Dutch version

COVID-19 Economic Dashboard

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.

Economic Report

EU Recovery fund officially ready for take-off

The European Commission has received an official go to start borrowing money to finance the EU recovery fund. Funds can start to flow to Member States this Summer. We estimate that these funds will lift Eurozone GDP by 0.5% over this and next year.