RaboResearch - Economic Research

Economic Report Dutch version

German elections: Was nun, Mutti?

While Merkel was the unsurprising winner of yesterday’s elections, the outcome suggests a shift in the German political landscape as the populist far-right AfD came in third. The process of finding a workable coalition starts now, but we may not see a new government before Christmas.

Special Dutch version

Outlook 2016: Global Economy

Global growth holds up in 2016, but does not accelerate. With the US poised to hike interest rates, the rest of the world waits anxiously. Normalization of monetary policy poses economic risks, but so does keeping it too loose for too long.

Economic Update Dutch version

Germany: higher growth, but the risks are increasing

We expect the German economy to grow by 1¾% in 2015 and 2% in 2016. However, an escalation of the refugee problem, spread of the emissions scandal at Volkswagen to other car manufacturers and more negative news on the performance of the Chinese economy could affect the solid base of the German economy.