RaboResearch - Economisch Onderzoek


Germany: Merkel’s sports minister causes trouble (Engelstalig)

The German CSU was to propose a plan to turn away migrants at the border who had registered elsewhere in the EU, prompting a veto from Merkel and leading to a showdown. The current deal provides Merkel with a two-week deadline to try to find (bilateral) deals in Europe.


Swiss say Nein to Vollgeld (Engelstalig)

The idea underlying Vollgeld is that of full-reserve banking from the 1930’s. In today’s context its side-effects would likely lead to instability and a deflationary tendency. In the Swiss case, uncertainty would have prevailed in the short-term, followed by a further appreciating Swiss Franc.

Economisch commentaar

Was nun, Mutti? II: Merkel fights for her political future (Engelstalig)

The breaking down of ‘Jamaica’-coalition talks last night brings unprecedented political uncertainty to Germany. Political initiative and control is moving away from Merkel towards the President, Frank-Walter Steinmeier, who can ultimately trigger new elections.

Themabericht Engelstalige versie

Duitse verkiezingen: Was nun Mutti?

Hoewel Merkel de verwachtte winnaar was van de Duitse verkiezingen afgelopen zondag, suggereert de uitkomst een verschuiving in het Duitse politieke landschap waarbij de populistische extreemrechtse AfD derde werd. Nu begint het moeizame proces om een werkbare coalitie te smeden.