Country Report
Luxembourg: staying on top in a changing environment
Luxembourg continued to show robust growth in 2015. New fiscal and financial regulation is heading towards Luxembourg, challenging its financial sector-driven growth model.
Country Report
Luxembourg continued to show robust growth in 2015. New fiscal and financial regulation is heading towards Luxembourg, challenging its financial sector-driven growth model.
Country Report
Economic growth is expected to remain subdued in the coming years, with the weak banking sector unable to support the recovery. Some major reforms achieved over the past years still have to prove their effectiveness, while reform progress will slow.
Country Report
The short-term economic outlook is strong. But, continued reform progress and fiscal consolidation are necessary to improve debt sustainability and the weak external position. The outlook for both is rather weak due to the current political instability.
Country Report
The centre-right government has successfully implemented several policy measures to improve Belgian price competitiveness. High public debt, inflation and security issues are the most prominent downward risks for a stable economic recovery.
Country Report
The German economy performs well on the back of a competitive export sector and is rebalancing towards domestic demand, driven by a strong labour market. The recent surge in immigration poses a significant challenge for the German economy.