Europe Data Response Swiss GDP (Q1) The Swiss economy is recovering a little more slowly than had been hoped, but it continues to easily outperform the euro-zone. The key risk now is that close trade links to the region and a strong... 1st June 2010 · 1 min read
Europe Data Response Euro-zone & German Unemployment (Apr./May) April’s further rise in euro-zone unemployment adds to evidence that domestic demand in the region looks set to remain weak. 1st June 2010 · 1 min read
Europe Economics Weekly Markets' gloom could soon hit households and firms Recent market developments, coupled with the prospect of a prolonged bout of fiscal consolidation, appear to be starting to have a damaging impact on confidence in the wider euro-zone economy. In the... 31st May 2010 · 1 min read
Europe Data Response Swedish GDP (Q1) The sharp increase in Swedish activity in Q1, coupled with large upward revisions to growth in the preceding quarters, suggests that the Riksbank may bring forward its plans to raise interest rates in... 28th May 2010 · 1 min read
Europe Economics Update Bank levy squabbles don’t bode well for fiscal union A bank levy along the lines of that recently proposed by the European Commission seems unlikely to alter banks’ behaviour or the state of European public finances dramatically. But the difficulty in... 27th May 2010 · 1 min read
Europe Data Response German CPI (1st Est. May) German headline and core inflation remain very low and look set to fall further. With disinflationary pressures even stronger in many of the smaller euro-zone economies, deflation remains a real... 27th May 2010 · 1 min read
Europe Commercial Property Update Will the resilience of French retail rents last? Although French retail rental values have barely fallen to date, we do not think that their resilience will last. With the economic recovery faltering, and figures released today showing that consumer... 27th May 2010 · 1 min read
Europe Economics Focus Greece: From crisis to tragedy – and then salvation? The joint EU/IMF support packages may have provided Greece with some breathing space but it will not prevent years of economic hardship. Whatever its actions, the Government has no choice but to... 27th May 2010 · 1 min read
Europe Economics Update Will fiscal union save the euro-zone? The recent rescue package along with rulings made by the European Commission might be steps towards euro-zone fiscal integration that could feasibly benefit the region’s economies in the long run. But... 26th May 2010 · 1 min read
Emerging Europe Economics Update How does Estonia stack up against the euro-zone? Estonia’s low level of public debt sets it apart from the heavily indebted countries on the periphery of the euro-zone. But the country has seen a much bigger erosion of its competitive position over... 25th May 2010 · 1 min read
Europe Economics Update What can we learn from Ireland? On the face of it, there are signs that Ireland may be about to exit recession. But any recovery will be down to its exceptionally strong trade links with non-euro-zone economies, rather than any... 24th May 2010 · 1 min read
Japan Economics Update Europe’s crisis will not derail Japan’s recovery The turmoil in the euro-zone has hit investor confidence in Japan much harder than we believe is justified by economic fundamentals. 24th May 2010 · 1 min read
Europe Economics Weekly Weaker euro unlikely to solve the region’s woes On the face of it, the recent weakening of the euro should provide the euro-zone’s external sector with a boost over the coming months. But given that exporters have tended previously to respond to a... 24th May 2010 · 1 min read
Europe Data Response Euro-zone Flash PMIs & German Ifo (May) May’s falls in the euro-zone PMI and German Ifo business surveys are slightly worrying signs, but both still point to pretty strong growth for the time being. 21st May 2010 · 1 min read
Non-Euro Europe Commercial Property Chart Pack 2010 off to a better start than 2009 (May 10) Although investment activity generally softened, the bigger picture was that the health of investment markets across non-euro-zone Europe continued to improve in Q1 2010. Indeed, yields fell in almost... 20th May 2010 · 1 min read
Europe Data Response Norwegian GDP (Q1) Q1’s unexpected fall in GDP casts further doubt on the strength of the Norwegian recovery and supports our view that the Norges Bank will not increase interest rates as rapidly as its forecasts... 20th May 2010 · 1 min read
