RaboResearch - Economic Research

Economic Report Dutch version

Macroeconomic developments in Europe

We expect growth in Europe to accelerate gradually, although the economy has far from fully recovered from the Global Financial Crisis. Substantial deterioration in the Greek situation and/or the geopolitical conflicts remain downside risks.

Country Report

Country report Portugal

The Portuguese economy returned to growth in 2014 but medium term prospects remain weak. Meanwhile, with an election this year, the reform effort while this year’s budget is based on overly optimistic assumptions.

Economic Comment

Een paraplu kopen als de zon schijnt (Dutch)

Vooral uit de eurozone kwam de afgelopen tijd het nodige goede economische nieuws. Dit leidt er echter toe dat Europese beleidsmakers te weinig doen aan de hervorming van instituties en economieën om de eurozone voor te bereiden op slechtere tijden.

Country Report

Country Report Portugal

The outlook for Portugal has improved in recent months, in terms of both economic recovery and future market access. However, this and next year’s election cycle are expected to weigh on support for further structural reforms.

Country Report

Country Report Portugal

Portugal has made considerable progress regarding the implementation of structural reforms and safeguarding financial stability. However, the high short-term socioeconomic costs have increased political instability, which might weigh on support for further reforms.