RaboResearch - Economic Research

Country Report

Country Report Hungary

Hungary’s economy fell back into recession last year and growth is expected to remain negative in 2013. Its government managed to keep the budget deficit below 3% of GDP, but very high foreign currency-denominated debt remains a major source of risk.

Country Report

Country Report Dominican Republic

Economic growth cooled markedly in the Dominican Republic, while strong pre-election spending led to a deterioration of public finances. The balance-of-payments position remains weak and could deteriorate further if PetroCaribe support were to end.

Country Report

Country Report Bermuda

Following its fourth year in recession, Bermuda’s economy is expected to stagnate this year. The local government has to embark on fiscal consolidation soon, but these efforts should not affect the island’s important (re)insurance sector.