RaboResearch - Economic Research

Economic Update

United Kingdom: Brexit hangover

Brexit will get messier under Boris Johnson’s leadership and the British economy is already suffering from the Brexit uncertainty. The economic outlook for 2019 is modest and shadowed by the prospect of a hard Brexit on 31 October.

Economic Update

France’s 2019 budget to reduce size of government

French President Macron struggles with low approval ratings and decreasing economic confidence, despite a strong parliamentary mandate for reform and upward economic potential. The 2019 budget proposal reduces the size of government, modest improvements in public finances and stimulus for private demand.