The strong economic recovery of the Netherlands justifies the Cabinet's decision to stop the massive coronavirus economic support packages. But the continuing direction of the coronavirus pandemic remains "uncertain" and politicians in The Hague will have to remain ready to reactivate support programs such as the NOW scheme if necessary, according to researchers from the International Monetary Fund (IMF).
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IMF says Dutch economy is recovering, but more needed in climate change fight | NL Times
Showing posts with label Economic Recovery. Show all posts
Showing posts with label Economic Recovery. Show all posts
9/28/21
10/30/13
Spain edges out of two-year recession with 0.1% growth
The first green shoots of recovery in the Spanish economy have been officially confirmed.
According to the National Office of Statistics, Spain has recorded 0.1 percent growth – the economy’s first expansion in nine quarters.
Strong exports have helped Spain edge into positive ground, though with demand at home still depressed, sustainable growth that creates jobs may remain elusive for years.
Compared to labour-heavy sectors such as construction or services, exports create fewer domestic opportunities and with more than one in four out of work, the recovery will ring hollow for many.
Unemployment is still stubbornly high and Madrid hopes the jobless rate has already peaked at 26.3 percent.
It comes after the Eurozone, aided by exports and government spending, came out of recession in the second quarter of this year.
Read: Spain edges out of two-year recession with 0.1% growth | euronews, world news
9/19/13
EU-Economy: Better European economy bodes well for stocks Financial Services - by Cesar Perez and Rajesh Tanna
Draghi's famous "bumblebee" speech and the creation of the Outright Monetary Transactions (OMT) program were landmark events in the management of the euro crisis as they helped remove systemic risk in Europe and, as a consequence, made European assets investable again.
From an economic perspective, Europe is showing signs of a tentative economic recovery. From an equity market perspective, we believe these improved fundamentals increase the likelihood of an inflection in European corporate profits toward positive growth. The past 12 months were about the revaluation of European equities from distressed levels, while the next 12 months will be more about a recovery in profits also driving positive returns further.
We want to focus on the European economic recovery, as this could be the catalyst to reverse some of the multi-year underperformance of European stocks.
Read more: Better European economy bodes well for stocksFinancial Services - Zawya
From an economic perspective, Europe is showing signs of a tentative economic recovery. From an equity market perspective, we believe these improved fundamentals increase the likelihood of an inflection in European corporate profits toward positive growth. The past 12 months were about the revaluation of European equities from distressed levels, while the next 12 months will be more about a recovery in profits also driving positive returns further.
We want to focus on the European economic recovery, as this could be the catalyst to reverse some of the multi-year underperformance of European stocks.
Read more: Better European economy bodes well for stocksFinancial Services - Zawya
7/14/13
Spain out of recession, must nurture recovery: minister
Spain's economy will grow in the second half of the year but the government must implement reforms and cut the deficit - at the right pace - to keep the recovery going, Economy Minister Luis De Guindos said in an interview published on Sunday.
"The recession is over. The issue now is how strong the recovery is going to be," de Guindos said in the interview in El Pais.
Read more: Spain out of recession, must nurture recovery: minister | Reuters
"The recession is over. The issue now is how strong the recovery is going to be," de Guindos said in the interview in El Pais.
Read more: Spain out of recession, must nurture recovery: minister | Reuters
4/5/13
Greece: PM: First signs of economic recovery already visible
The first signs of recovery of the Greek economy are already visible, Prime Minister Antonis Samaras stressed on Thursday, addressing a conference on the utilization of EU funds in the next programming period of 2014-2020, budgeted at 36 billion euros.
Addressing the 1st National Development Conference for the programming period 2014-2020, jointly organized by the Development Ministry and the European Commission, Samaras said that the year 2013 is a turning point that will lead to growth, given that the results of the measures taken by the government will begin to be clearly visible in the next quarter and become tangible on the market by the end of the year.
Indeed, Samaras made a specific reference to the fact that in February a positive balance between hirings and layoffs was posted for the first time in many years, which he said was a significant sign of recovery.
On the overall course of the economy, the premier said that Greece is not at risk of finding itself outside the Eurozone, but pointed out that the crisis has traumatized the European vision, especially in the South.
Read more: PM: First signs of economic recovery already visible
Addressing the 1st National Development Conference for the programming period 2014-2020, jointly organized by the Development Ministry and the European Commission, Samaras said that the year 2013 is a turning point that will lead to growth, given that the results of the measures taken by the government will begin to be clearly visible in the next quarter and become tangible on the market by the end of the year.
Indeed, Samaras made a specific reference to the fact that in February a positive balance between hirings and layoffs was posted for the first time in many years, which he said was a significant sign of recovery.
On the overall course of the economy, the premier said that Greece is not at risk of finding itself outside the Eurozone, but pointed out that the crisis has traumatized the European vision, especially in the South.
Read more: PM: First signs of economic recovery already visible
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