
Blog posts tagged by tag: Germany
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4 Key European Elections That Will Impact the Economy in 2017
After a year characterized by Brexit, a migrant crisis, populist movements and the election of Donald Trump, uncertainty in the European Union economy is high. While economic data has remained resilient thus far, politics will likely stay in the spotlight this year and threaten confidence as a number of high profile economies hold elections, including France, Germany, The Netherlands and Italy. In a context of waning support for the status quo and recent election polls failing to predict results, Senior Economist Angela Bouzanis takes a look at the upcoming votes we are keeping an eye on and why.
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Euro Area 2016 GDP (billions of Euros)
The Gross Domestic Product (GDP) in the Euro Area totaled EUR 10,404 billion in 2015 and is expected to total EUR 10,607 billion by the end of this year. Analysts expect the Eurozone economy to grow a healthy 1.5% this year and 1.6% in 2017. However, the Eurozone is still facing a number of challenges and performing below its potential. High debt levels, a fragile banking sector and a persistent lack of inflationary pressure continues to impede the recovery of many economies in the region.
See below what analysts expect the GDP of each of the Euro Area countries to be by the end of 2016 (hover over the bubbles for more information):
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Which are countries with best and worst unemployment rates in the Euro Area?
50 analysts surveyed by FocusEconomics expect Eurozone unemployment rate to average 10.4% this year:
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FocusEconomics Speaks with Dukascopy Regarding the Greek Crisis
FocusEconomics Economist Teresa Kersting was recently interviewed by online Swiss financial television channel Dukascopy TV, focusing on Germany and its economic outlook in the near future.
The interview began with a discussion on the fall in German factory orders, which were slightly below what was forecast for the month of May. When asked what the significance of the contraction was for German manufacturing Teresa responded that the Factory Order Index is typically volatile and that the modest contraction of 0.2% was not cause for alarm. Strong growth numbers from April coupled with the increase in demand for orders from outside the EU made up for the shrinking numbers from within the EU and actually “painted a rather positive picture for German Manufacturing.”
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Price pressures will soften in 2023 on slowing economic activity and lower commodity prices. Nevertheless,… https://t.co/oNFT7MF3sH
2 days ago
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In our latest insight piece, we interview Mihály András Kovács, senior advisor at OTP Bank, and Hrvoje Dolenec, chi… https://t.co/Gzrcid43Nk
3 days ago
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In our latest post, economist Adrià Solanes Roca discusses the upcoming presidential elections in Cyprus and their… https://t.co/T4Ikur25Qi
3 days ago
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In our latest post, economist Magdalena Preshlenova discusses the benefits and challenges for the Croatian economy… https://t.co/I3ILTmu4v6
4 days ago
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In our latest webinar, our economists examine the outlook for Latin America's economy this year. Spoiler alert: Eco… https://t.co/wCXk7AY32n
5 days ago
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