RaboResearch - Economic Research

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.

Economic Quarterly Report

Eurozone: waar is de vraag gebleven? (Dutch)

We verwachten dat de economie in de eurozone in 2019 met 1,3 procent groeit en in 2020 met 1,5 procent. De groei zal worden gedreven door de binnenlandse bestedingen. De belangrijkste risico’s blijven de Brexit en een verdere escalatie van de handelsspanningen tussen de VS en de EU.

Economic Report

Italy is testing the limits

On 27 September the Italian government presented its budget target for 2019. The worsened outlook has shocked markets and kept them busy since. The government will expectedly temper part of its plans if necessary to calm markets. That said, the risk that it will do too little too late cannot be neglected.