RaboResearch - Economisch Onderzoek

Conjunctuurbeeld

France’s 2019 budget to reduce size of government (Engelstalig)

French President Macron struggles with low approval ratings and decreasing economic confidence, despite a strong parliamentary mandate for reform and upward economic potential. The 2019 budget proposal reduces the size of government, modest improvements in public finances and stimulus for private demand.

Themabericht

Italy is testing the limits (Engelstalig)

On 27 September the Italian government presented its budget target for 2019. The worsened outlook has shocked markets and kept them busy since. The government will expectedly temper part of its plans if necessary to calm markets. That said, the risk that it will do too little too late cannot be neglected.