RaboResearch - Economic Research

Country Report

Belgium: recovery at a snail's pace

The centre-right government has successfully implemented several policy measures to improve Belgian price competitiveness. High public debt, inflation and security issues are the most prominent downward risks for a stable economic recovery.

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.

Economic Quarterly Report

Eurozone Uitgelicht (Dutch)

In het hoofdstuk 'Eurozone: een door consumptie gedreven herstel' beschrijven we het economische beeld voor de eurozone als geheel. Dit is de resultante van onze economische analyse van de ontwikkelingen in de grotere eurolanden. In onderstaande teksten lichten we deze analyses separaat toe.

Economic Update

Belgium: slow economic growth continues

We expect the Belgian economy to grow by around 1¼% in 2015, supported by household consumption and exports. There will be further economic growth (1½%) in 2016, driven by the global economy and investment, but consumption growth will then slow down.

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

Belgium: recovery slows in second quarter of 2014

Recent data shows that the Belgian economic recovery remained in place, but weakened in the second quarter of 2014. Going forward, we expect the recovery of the Belgian economy to continue in the second half of 2014, but the pace is likely to be sluggish.