Europe Chart Pack Tentative signs of improvement Recent months have seen a small, but encouraging, improvement in some euro-zone activity indicators, particularly in the peripheral economies like Greece. However, in most cases, those indicators... 10th January 2013 · 1 min read
Europe Economics Update ECB dampens hopes of further policy action The European Central Bank (ECB) appears content to sit on the sidelines for now and hope that the recent stabilisation of the euro-zone debt crisis continues. Eventually, however, President Draghi’s... 10th January 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 Commercial Property Update Euro-zone commercial property faces weak start to the year This morning’s EC survey suggests that euro-zone commercial property markets ended 2012 on a low note. What’s more, past form suggests that the weakening in economic sentiment already seen is... 8th January 2013 · 1 min read
Europe Data Response Euro-zone EC Survey (Dec.), Unemp. & Retail Sales (Nov.) Despite the small rise in economic sentiment in December, the latest batch of eurozone data still presented a decidedly downbeat picture of the state of the currency union’s economy at the end of last... 8th January 2013 · 1 min read
Europe Economics Weekly Euro-zone policymakers face another demanding year Euro-zone policymakers have created a bit of breathing space for themselves in the latter half of 2012, but we think that there are a number of potential stumbling blocks on the horizon which could... 7th January 2013 · 1 min read
Europe Commercial Property Update Copenhagen retail yields to resume upwards drift The surprising recent strength of the Danish consumer sector suggests that prime retail yields in Copenhagen may have peaked. But we think that retail occupier demand will suffer this year as, among... 4th January 2013 · 1 min read
Europe Data Response Euro-zone Flash CPI & Final Composite PMI (Dec. 12) The news that both activity and inflation in the euro-zone remained subdued at the end of last year will increase the pressure on the European Central Bank to provide further policy support ahead of... 4th January 2013 · 1 min read
ECB Watch A testing new year Having prevented catastrophe in 2012 by pledging to do whatever it takes to save the euro, the European Central Bank will have to follow words with actions in 2013. While no policy changes are likely... 3rd January 2013 · 1 min read
Europe Economics Update Euro-zone Fiscal Monitor (Dec. 12) The latest fiscal data support the view that both Italy and Spain will fail to meet their fiscal goals for 2012 as a whole. 3rd January 2013 · 1 min read
Europe Economics Update Euro-zone Monetary Indicators Monitor (Nov. 12) The latest euro-zone monetary data brought no signs of any easing in the severe credit constraints facing both households and companies in the single currency area. 3rd January 2013 · 1 min read
Europe Economics Update Monti’s declaration will not end political uncertainty Mario Monti’s widely expected decision to head a “centrist alliance” probably increases the chances of Italy continuing its reform process, but the political situation remains uncertain. What’s more... 2nd January 2013 · 1 min read
Europe Data Response Euro-zone Final Manufacturing PMI (Dec.) The renewed fall in the euro-zone manufacturing PMI in December underlined the weakness of activity in the region at the end of last year. 2013 looks set to be another very challenging year for the... 2nd January 2013 · 1 min read
Europe Economics Weekly Armageddon postponed The European Central Bank’s promises helped to prevent Armageddon in the euro-zone in 2012. But it will have to put its money where its mouth is in 2013 and the risk of disappointment is high... 24th December 2012 · 1 min read
Europe Commercial Property Update Will office rental values in Rome fall further than Milan? Recent falls in Italian office rental values are likely to be extended next year. But with a 10% drop in public sector jobs in the pipeline, occupier demand and thus rents, are likely to fall further... 20th December 2012 · 1 min read
