Europe Economics Focus French slump to deepen fiscal fears The French economy is set to fall further behind others in the euro-zone as labour market rigidity holds back competitiveness and household spending is hit by fiscal austerity. This might cause France... 4th March 2013 · 1 min read
Europe Economics Weekly Is the crisis back? Having swum against the tide of increased optimism towards the euro-zone for some months, we are wary of the temptation to leap on last week’s events in Italy as a vindication of our position. After... 4th March 2013 · 1 min read
Europe Data Response Euro-zone Flash CPI (Feb.) & Unemployment (Jan.) February’s fall in euro-zone CPI inflation and the further rise in unemployment in January raised the chances of further policy action by the ECB. 1st March 2013 · 1 min read
Non-Euro Europe Commercial Property Chart Pack Emerging European property continues to lose its shine The relatively strong performance of Emerging European property markets in 2011 was not repeated in 2012. The softening economic backdrop did little to support rental growth, while yields appear to... 1st March 2013 · 1 min read
Europe Data Response Swedish GDP (Q4 12) Q4’s Swedish GDP numbers confirmed that the robust recovery has fizzled out. But Sweden should still perform far better than the euro-zone and most of its neighbours in 2013. 1st March 2013 · 1 min read
Nordic & Swiss Data Response Swedish GDP (Q4 12) Q4’s Swedish GDP numbers confirmed that the robust recovery has fizzled out. But Sweden should still perform far better than the euro-zone and most of its neighbours in 2013. 1st March 2013 · 1 min read
ECB Watch Support for Italy would come with strings attached The renewed deterioration in some indicators of economic activity and fears about the political situation in Italy should prompt the ECB to strike a softer tone after its next meeting. President... 28th February 2013 · 1 min read
Europe Economics Update Political uncertainty to push Italy deeper into recession The Italian economy’s dire end to 2012, combined with the growing likelihood of a long period of political deadlock, supports our long-held view that the consensus outlook for Italy is too optimistic... 28th February 2013 · 1 min read
Europe Economics Update Spain may still be the first to need OMTs While the euro-zone spotlight has recently switched to Italy, the latest economic news from Spain suggests that it might still be first to require the support of the ECB’s bond-buying programme. 28th February 2013 · 1 min read
Europe Data Response German Flash CPI & Unemployment (Feb.) February’s fall in German CPI inflation should ease fears of inflationary pressure in the euro-zone’s largest economy despite the continued fall in unemployment. 28th February 2013 · 1 min read
Europe Data Response Danish GDP (Q4) The Danish economy contracted sharply at the end of 2012 as both weak domestic demand and the euro-zone crisis weighed heavily on economic activity. 28th February 2013 · 1 min read
Europe Data Response Swiss GDP (Q4 13) Swiss GDP data for Q4 confirmed that, while growth is clearly slowing, the economy has continued to outperform most others in Europe. But we expect the economy to stagnate this year as problems in the... 28th February 2013 · 1 min read
Nordic & Swiss Data Response Danish GDP (Q4 12) The Danish economy contracted sharply at the end of 2012 as both weak domestic demand and the euro-zone crisis weighed heavily on economic activity. 28th February 2013 · 1 min read
Europe Economics Update Has the Italian election disabled the ECB’s bazooka? The renewed rise in Italian and other government bond yields following the inconclusive result of the Italian general election has raised questions over the continued effectiveness of the European... 27th February 2013 · 1 min read
Europe Data Response Euro-zone EC Survey (Feb.) February’s rise in the euro-zone EC Economic Sentiment Indicator (ESI) confirmed that sentiment was rising – before the Italian election. But the recent bout of market uncertainty may lead to renewed... 27th February 2013 · 1 min read
Europe Economics Update Euro-zone Monetary Indicators Monitor (Jan.) The latest euro-zone monetary data have brought further signs of an improvement in financial market conditions. However, lending to the private sector continued to contract and seems unlikely to... 27th February 2013 · 1 min read
