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Europe’s sweet economic music is about to be drowned out

Europe’s sweet economic music is about to be drowned out

  • 13 January 2026

Most European economies look to be in pretty good shape. But while leaders appear to be waltzing through a genteel tea dance, the rest of the world is thrashing to a heavy metal beat. Time to change the tune

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Europe's sweet economic music is about to be drowned out

Europe's sweet economic music is about to be drowned out

European economies need to make up for past complacency

Germany: The corn's about to pop
Germany

Germany: The corn's about to pop

The German economy to finally return to growth in 2026

France: The growth outlook remains under fiscal clouds
France

France: The growth outlook remains under fiscal clouds

The French economy remains hampered by political and budgetary uncertainty

Italy: A modest pick-up on a domestic demand drive
Italy

Italy: A modest pick-up on a domestic demand drive

Domestic demand is helping fuel Italy's economy

Spain: Still searching for quality rather than quantity-driven growth
Spain

Spain: Still searching for quality rather than quantity-driven growth

Can Spain continue to outperform the rest of the eurozone in 2026?

The Netherlands: Relying on consumers' purchasing power
The Netherlands

The Netherlands: Relying on consumers' purchasing power

The Dutch economy is set to slow a little this year

Belgium: Those care-free days are over
Belgium

Belgium: Those care-free days are over

Belgium's economy is braced for more challenging times

Austria: A brighter year ahead, if you don’t look too closely
Austria

Austria: A brighter year ahead, if you don’t look too closely

The economic slumps is over in Austra, but don't expect fireworks. Without bold reforms, growth risks staying anaemic.

Greece: It's set to remain a growth outperformer
Greece

Greece: It's set to remain a growth outperformer

Greece's economy is set to outperform once again

Portugal: Domestic demand to drive growth
Portugal

Portugal: Domestic demand to drive growth

Portugal's domestic demand is set to drive robust growth in 2026

Eurozone housing: Consolidation, complexity and nuance

Eurozone housing: Consolidation, complexity and nuance

The eurozone's housing market is on diverging growth trajectories

Spain Public finances Portugal Outlook Netherlands Inflation Housing market Germany GDP France Eurozone Consumption Belgium Austria

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This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.
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