Europe Economic Outlook Growth prospects improve, but crisis unresolved The European economy has shown further signs of recovery, with the euro-zone finally emerging from recession in the second quarter and other parts of the continent also faring better. But growth in... 8th October 2013 · 1 min read
Europe Commercial Property Update What does the end of Ireland’s recession mean for Dublin property? Last week’s data, which confirmed that the economy took another step forward in the second quarter, was welcome news for Irish property markets. But there was little sign of any material strengthening... 23rd September 2013 · 1 min read
Europe Economics Focus Has Ireland really found the escape route? Ireland has been widely hailed as a “poster boy” for the euro-zone’s austerity driven crisis response. But the major challenges still facing the economy undermine the view that the country has forged... 5th August 2013 · 1 min read
Europe Commercial Property Update Ireland – a false dawn for property? News that the Irish economy is back in recession is a reminder that Dublin’s property market still faces significant headwinds. Indeed, all-property capital values in Dublin could yet suffer another... 2nd July 2013 · 1 min read
Europe Economics Focus Would deflation lead the periphery into a debt trap? If the peripheral euro-zone economies regained competitiveness via outright deflation, their public and private sector debt levels would spiral higher as a share of GDP, prompting disaster. 30th April 2013 · 1 min read
Europe Commercial Property Update Have office property values reached a floor in Athens and Dublin? Ireland’s economy is still fragile, but occupier demand is unlikely to drop further. Thus reports of rising office values in Dublin in the first quarter may well prove a turning point. But Greek GDP... 25th April 2013 · 1 min read
Europe Economic Outlook The crisis continues Recent events in Italy, Cyprus and Portugal have put a dent in hopes that the three-year crisis in the euro-zone is finally drawing to a close. Meanwhile, previous tentative signs that the broader... 10th April 2013 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (Mar.) Italy and Spain missed their 2012 deficit targets by a small margin and timelier data point to further likely slippage in the initial stages of this year. 27th March 2013 · 1 min read
Europe Data Response Ireland GDP (Q4) While Ireland impressively matched Germany’s economic expansion in 2012, the recent slowdown in the quarterly path of GDP is a reminder that the country still faces major challenges. 21st March 2013 · 1 min read
Europe Economics Update Will Ireland and Portugal need OMTs? Ireland and Portugal’s relative success in achieving fiscal targets and regaining access to financial markets has raised hopes about the sustainability of their public finances, particularly after... 7th March 2013 · 1 min read
Europe Economic Outlook Euro-zone recession to deepen in 2013 While the lull in the euro-zone debt crisis has continued in recent months, the news on the region’s economy has remained distinctly downbeat. Despite some improvement towards the end of last year... 9th January 2013 · 1 min read
Europe Data Response Ireland GDP (Q3) Ireland’s small rise in GDP in the third quarter underlined its status as the healthiest of the euro-zone’s peripheral economies. But it still faces considerable challenges in 2013 and beyond. 18th December 2012 · 1 min read
Europe Economics Focus How would exiting countries fare outside the euro-zone? Contrary to some suggestions, there are good reasons to think that, beyond the initial economic andfinancial disruption caused by an exit from the euro-zone, most of the current peripheral... 3rd December 2012 · 1 min read
Europe Commercial Property Focus Have Irish commercial property values reached a floor? The tone of both of today’s commercial property data releases was downbeat. Although the latest Bank of England survey showed that credit supply in the sector has improved slightly, borrowers are not... 25th October 2012 · 1 min read
Europe Economic Outlook A lull in the storm Expectations of stronger policy support from the European Central Bank have prompted a period of relative calm in the euro-zone. But previous lulls have not lasted for very long. There are still few... 16th October 2012 · 1 min read
Europe Economics Update Will the weaker euro rescue Ireland? Ireland’s extraordinarily open economy and strong trade links outside the euro-zone mean that it stands to gain more than other peripheral economies from the depreciation of the euro. But the currency... 18th July 2012 · 1 min read
