Conjunctuurbeeld Engelstalige versie
De strenge winter heeft tot gevolg dat de gasproductie flink is toegenomen en dit draagt naar verwachting positief bij aan de economische groei in het vierde kwar¬taal. Consumenten zijn door het koude meer geld gaan uitgeven, maar zij hadden niet echt een keuze. Het consumentenvertrouwen blijft onverminderd laag, terwijl industriële ondernemers juist zeer positief het jaar uit gingen.
Every time we witness a collapse in asset prices or a financial crisis, we seemoverwhelmed. Even the most experienced investors, economic forecasters and regulators are caught off-guard. But if we look closer at the historical data for the past two centuries, we see dat asset bubles and financial crises are nothing new to mankind.
The credit crisis has affected different European mortgage markets in differing ways. This Special Report argues that those differences can be largely traced to the degree of countries’ dependence on securitisations as a source of funding before the crisis.
Since the collapse of the Bretton Woods exchange rate system in 1971, the world’s monetary system has been based on a so-called ‘paper standard’. In this system, the US dollar plays the role of global currency anchor.
The euro is under serious pressure. Although in the early months of the financial crisis of 2008 the euro has served EMU’s member states very well, there are increasing doubts about its survival in the long run
Paraguay has posted a very high economic growth rate in 2010, thanks to rapid growth of exports of soybeans and meat. However, the economic structure of the country remains weak, in particular through the strong dependence on agricultural export products.
The fragile political stability is currently the main weakness of Romania. Although the cabinet survived three votes of no-confidence last year, dissatisfaction also within the coalition over the harsh austerity measures is rising.
Economic recovery in Bulgaria was weak in 2010 (-0.1%), largely because domestic demand and investment were suppressed by higher unemployment and still tight credit conditions. For 2011 and 2012, a slow recovery is expected to around 2.5% and 3.5%, respectively.