RaboResearch - Economic Research

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

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.

Country Report

Switzerland: quick economic rebound after massive appreciation 2015

The Swiss export sector was affected by a sharp appreciation of the Swiss Franc (CHF) following the Swiss central bank’s (SNB) decision to scrap the currency ceiling early 2015. However, economic growth held up and we expect a rebound of economic growth and exports this year.

Country Report

Ireland: The Celtic Tiger is back

Ireland posted very strong growth of 7.8% last year which supports deleveraging and house prices but asset quality of banks remains poor and could hurt banks and the government in the future. As possibly worst affected, Ireland is closely following the Brexit debate.

Country Report

Country Report Cyprus

Cyprus is in the midst of a severe economic depression. With aid from the EU and IMF, the country is slowly picking itself up, but there is a long road ahead. Negotiations on reunification of the island have recommenced and could (in the long term) lead to an improvement in the economic environment.

Country Report

Cyprus (Country update)

The Cypriot economy is deteriorating at an alarming speed. As the country's large financial sector is heavily exposed to Greek debt, its banks have been struggling to remain solvent.

Country Report

Lithuania (Country report)

Lithuania's recovery will slow in 2012, as domestic demand is still recovering and eurozone demand will be slow, reducing the growth of Lithuania's export sector.