RaboResearch - Economic Research

Economic Comment

Germany: Will growth also disappoint in H1 2010?

We expect Germany’s economy to be supported by the inventory correction as well as external demand in H1 2010. There are, however, significant downside risks to this forecast.

Economic Comment

Will Greece face trouble rolling over its debt?

Rumours are mounting that a Greek syndicated bond issue is to be launched within days. This is an important event as the success or failure of such issuance will determine whether the Greeks have to go cap in hand to the European Commission or not.

Economic Comment

The start of a Dutch consumer recovery?

Dutch households withdrew €1.2 billion from savings accounts in October and November 2009. Does this mean that consumers are ready to increase spending? Or is this money merely meant to cover income losses?