“Living in a world strewn with the wreckage of the Soviet empire it is hard for most people to realise that there was a time when the Soviet economy, far from being a byword for the failure of socialism, was one of the wonders of the world – that when Khrushchev pounded his shoe on […]
Like nearly all major industrialized nations, China is getting older. By mid-2020, the country’s population will annually include 10 million more elderly and 7 million fewer working adults. By 2050, fully one-quarter of all Chinese will be retirees. China may be the world’s most-populous nation, with over 1.35 billion inhabitants, but the country nevertheless faces […]
By Luca Mezzomo – Macroeconomic & Fixed Income Research, Research Department, Intesa Sanpaolo According to the preliminary estimate released by Istat, Italian GDP increased by 0.2% q/q and 0.5% y/y in 2015Q2. The quarterly change, therefore, slows down marginally from the first quarter (0.3%) and is in line with our estimate (retouched downward from the earlier 0.3% […]
Dario Perkins, chief European economist at Lombard Street Research has published an outlook on the risks of another recession, and suggested that even were it to happen in the near future it would be relatively mild. The post-War trend is for a recession to strike after every five years of US GDP growth. That means […]
The monthly ZEW economic outlook for Germany has declined for the third month in a row, reflecting growing pessimism of the global economic recovery. “External factors are currently restricting the leeway for economic growth in Germany. This includes the continuing uncertainty with regard to Greece’s economic future and the cautious dynamism of the global economy” […]
Forget Greece, it is Germany that poses the greatest threat to Europe’s economy, according to the views of Göran Persson, the former prime minister of Sweden, as reported in local media today. The comment is carried in financial newspaper Dagens Industri, which cites property investor publication Fastighetsvärlden. “Europe’s economic problems are spelled Germany,” Persson is […]
German economic sentiment reached a 16 month low in May, according to a report published by the German ZEW Centre for European Economic Research.
The German Centre for European Economic Research (ZEW) has reported a slight decline in in economic expectations for Germany in April 2014.
The UK’s Chancellor of the Exchequer George Osborne has delivered the government’s Autumn Statement saying the UK is growing faster than other economies thanks to its economic policies.
Jan Häggström, chief economist at Swedish bank Handelsbanken, says in his latest note that recovery in Europe and the US will depend largely on a boost in demand from emerging markets.
Consensus-beating GDP figures from the Eurozone’s largest economies were not enough to prevent the region’s economy as a whole contracting last quarter.
2012 will be a difficult year for Portugal and the Portuguese asset management industry which will face rising competition fort scarce resources and an uncertain global environment.