ING’s Eurozone Quarterly: Avoiding a more serious slowdown

There are still underlying growth drivers in the eurozone, but the expansion is losing steam. That's the main theme for our Eurozone Quarterly. From Germany to Greece, France to Finland, we give our assessment of what's really going on right now in the region... and what we think is going to happen next

In this bundle

Eurozone: Avoiding a more serious slowdown

There are still some underlying growth drivers in the eurozone, but the expansion is losing steam. A multitude of potential adverse shocks could add to…

Germany

Germany: Beyond the two Ms of Merkel and manufacturing

Could it be different this time or will the lacklustre performance of the German manufacturing sector eventually hit the entire economy?

France

France: Act II, Scene 1

After decent EU election results, President Macron's reform announcements for the second act of his mandate helped his approval rating to recover to…

Italy

Italy: Salvini’s political dilemma

A big success in European elections created a strong incentive for Italy's Deputy Prime Minister Matteo Salvini to cash in and pull the plug from the…

Spain

Spain: Staying strong

After a stronger than expected first half of the year, we expect a modest easing of growth in Spain. We raised our 2019 GDP forecasts to 2.2% from 2.0%,…

The Netherlands

The Netherlands: Past the growth peak

Amidst a weak trade environment, Dutch domestic demand normalises but remains solid. A cooling housing market and lower employment growth cause a slowdown…

Residential real estate market cools in the eurozone

House price growth was quite strong in many eurozone countries in 2018. For this year and next, we forecast that growth rates will ease in most countries

Austria

Austria: Business as usual

Despite political chaos and external uncertainties, the Austrian economy remains on a solid growth path thanks to private consumption and gross fixed…

Greece

Greece: An election test amid competing tax cut promises

Domestic demand is now the main growth driver in Greece as the external environment deteriorates. With legislative elections due in July, tax cuts are…

Belgium

Belgium: Political situation remains murky

As the overall economic context darkens, the Belgian economy continues to grow at a moderate pace. After elections in May, the process of forming a new…

Portugal

Portugal: Growth remains decent, but political risks remain

Economic activity in Portugal is expected to slow in the coming months, but the pace is still decent. However, political unrest could affect growth…

Ireland

Ireland: Defying Brexit uncertainty

Brexit, what Brexit? The impact all the uncertainty surrounding the UK's departure from the European Union on Ireland's economy has been very…

Finland

Finland: What can we learn from the new coalition?

Finland’s new government reflects quite a few bigger European trends. It has an ambitious agenda that keeps the country ahead of the curve on green…