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Een stevige uitglijer van het Duitse lfO (Dutch)
Het Duitse economisch bureau lfO publiceerde vorige week een inschatting van de kosten van eurobonds voor Duitsland. Daarbij maakte het een flinke uitglijer.
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Het Duitse economisch bureau lfO publiceerde vorige week een inschatting van de kosten van eurobonds voor Duitsland. Daarbij maakte het een flinke uitglijer.
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Begin deze week heeft de Europese Centrale Bank (ECB)met kracht gehandeld. De inkt van het steunpakket voor Griekenland was namelijk nog niet droog of de focus van de financiële markten was alweer naar Italië en Spanje verschoven.
Economic Update Dutch version
After two quarters of contraction and stagnation, industrial production grew again in the second quarter of this year. But sentiment indicators suggest that this growth revival may be shortlived.
Economic Update Dutch version
After a strong 11H1 we expect growth to slow down in the coming quarters. As the growth of world trade is expected to weaken going forward, Belgium’s GDP growth in 11H2 will be weaker than in recent quarters.
Economic Update Dutch version
Various leading indicators suggest that Germany’s growth has hit a soft patch, much like the rest of the world. This is primarily due to weaker global demand.
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Mijn verbazing over de Europese politiek kon niet meer tot grotere hoogte worden opgedreven. Dat dacht ik ten minste. De Finnen hebben bij de Grieken garanties bedongen voor hun aandeel in het tweede Europese reddingspakket.
Country Report
The large macroeconomic imbalances with which Ghana entered the global financial crisis have narrowed recently. However, there are still sizeable vulnerabilities.
Special
Since the eruption of the Greek budget problems in 2009, the euro is lurching from crisis to crisis. European policy makers are struggling to find a solution for what in the press is nicknamed “the European debt crisis”.
Country Report
Cyprus looks well on its way of becoming the fourth euro zone country that needs a rescue package. The destruction of a large power plant in July has resulted in an energy crisis with a severe impact on economic growth and the government budget.
Country Report
Mongolia’s economy is recovering on the back of strong international demand for its commodity exports. Growth recovered to 6.1% in 2010 and will remain strong in the coming years. Structurally, Mongolia’s economy is weak.
Country Report
The country’s and the sovereign’s solvency is comfortably assured by at least a decade of (often substantial) current account and fiscal budget surpluses, although the value of external assets are not provided. We consider official and hidden reserves to be sufficient to cover for unlikely current account deficits. They are also large enough to defend the fixed exchange rate to the USD.
Economic Report
Increased demand in emerging markets, combined with a series of failed harvests have sent food prices through the roof.