RaboResearch - Economic Research

Economic Update Dutch version

The Netherlands: a mixed start to the year

Recent monthly data suggest a mixed picture for the Dutch economy in the first quarter of 2016. Exports seem to have been suprisingly strong, while consumption was weaker than expected. Good news is that confidence is increasing and unemployment is declining.

Country Report

Portugal: weak reform momentum threatens feeble growth

Portugal continued to grow in 2015, after exiting the EU/IMF bailout programme in 2014, which signals a substantial increase of economic and financial stability. However, reform momentum is weak while the country still has many vulnerabilities.

Special Dutch version

Monetary challenges in Europe

The results of unprecedented monetary easing measures in the past several years have been relatively disappointing so far. Furthermore, this policy also carries risks, such as excessive valuations in financial instruments and a deterioration in the functioning of markets.

Country Report

France: Growth returns but remains structurally weak

Economic activity is recovering after several years of near-zero growth. But the French economy still faces many structural challenges, including a relatively weak competitive position, high unemployment and weak public finances.

Country Report

Hungary: Stable growth, but government policies remain unorthodox

Economic growth in 2015 has been robust thanks to the usage of EU-funds and strong external demand. The fiscal situation improved, although with controversial measures. In general, the government maintained its populist and nationalist policies.