Country Report
Country Report Ecuador
Ecuador’s return to the international capital markets improved its liquidity. But, the external position remains weak. The interventionist and nationalist tendencies of the Correa government continue.
RaboResearch - Economic Research
8 Publications
Economic Update
Italy: once in recession, always in recession?
In 14Q3, GDP volume contracted with 0.1% q-o-q. Investment acted as the largest drag on growth. In 2015, GDP volume is expected to grow slowly after three years of contraction, mostly on the back of foreign demand. Unemployment will remain high.
Economic Update
Belgium: softening domestic demand in 2015
Economic growth in the third quarter of 2014 was 0.3% q-o-q and was mainly supported by private investments and private consumption. Looking forward, domestic demand growth is likely to soften.
Economic Update
Spain: investment is back, consumption is up
Spain’s economic recovery has strengthened in the third quarter, mainly due to growth in consumption and investment. This also improves next year’s growth outlook. Meanwhile, the external rebalancing is in full swing and government finances are improving.
Economic Update
France: at last, economic growth
Real GDP growth in France increased by 0.3% q-o-q in the third quarter of 2014. We expect private consumption to keep growing and act as the main driver of growth in 2015.
Country Report
Country Report Bulgaria
Bulgaria’s economic and political situation remains tense, as yet another government stepped down, the local financial system was shaken by organised bank runs, and bilateral relations with Russia soured markedly due to the halt of construction of the South Stream pipeline.
Country Report
Country Report Algeria
Algeria’s social situation remains stable as President Bouteflika was elected for his fourth term in office. The government presented a new five-year plan that once more aims to diversify the economy away from the hydrocarbon sector.
Country Report
Country Report Qatar
Qatar’s economy is likely to expand by a robust 6% in 2014, although it remains highly dependent on the hydrocarbon sector. Moreover, tensions with its GCC neighbours remain a challenge for Qatar given its ambition as an international peace broker.