Europe’s insurance industry is emerging from the coronavirus crisis with a stronger appetite for mergers and acquisitions (M&A), along with expectations for strong earnings growth in 2021, according to Moody’s annual survey of chief financial officers (CFOs) from 21 leading European insurers.
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Europe’s Insurers Expect Robust M&A Activity and Strong Earnings in 2021: Moody’s
Showing posts with label 2021. Show all posts
Showing posts with label 2021. Show all posts
Tuesday, June 22, 2021
Thursday, August 20, 2020
The Netherlands: Dutch economy expected to grow again next year, Covid-19 effects to linger
The Dutch economy will shrink by 5.1 percent this year, but recovery
will start at the end of the year and in 2021 the economy will grow b3.2
percent, according to central planning office CPB's draft-macroeconomic
foresight studies. The effects of the Covid-19 crisis will linger,
however, with unemployment rising to 7 percent next year.
The CPB expects all parts of the economy to recover somewhat nextyear. Household consumption will decrease by 5.9 percent this year, and increase by 4.1 percent next year. Investments will go from -7.5 percent his year, to plus 4.4 percent next year. Exports will decrease by 5.2 percent this year, but increase by 4.7 percent next year, and imports will go from -3.7 percent this year to plus 5.4 percent in 2021. Government consumption is the only factor that won't see a decrease this year. It is expected to increase by 2.9 percent this year and by 2.0
percent next year.
CPB director Pieter Hasekamp told NOS that the coronavirus blow to the Dutch economy is "unprecedentedly hard" and "largely yet to befelt". "The corona crisis also has major consequences or things that affect the quality of life: we miss celebrating a wedding oranniversary, the theater and concert stages are empty, and there are serious concerns about loneliness in nursing homes."
Read more at:
Dutch economy expected to grow again next year, Covid-19 effects to linger | NL Times
The CPB expects all parts of the economy to recover somewhat nextyear. Household consumption will decrease by 5.9 percent this year, and increase by 4.1 percent next year. Investments will go from -7.5 percent his year, to plus 4.4 percent next year. Exports will decrease by 5.2 percent this year, but increase by 4.7 percent next year, and imports will go from -3.7 percent this year to plus 5.4 percent in 2021. Government consumption is the only factor that won't see a decrease this year. It is expected to increase by 2.9 percent this year and by 2.0
percent next year.
CPB director Pieter Hasekamp told NOS that the coronavirus blow to the Dutch economy is "unprecedentedly hard" and "largely yet to befelt". "The corona crisis also has major consequences or things that affect the quality of life: we miss celebrating a wedding oranniversary, the theater and concert stages are empty, and there are serious concerns about loneliness in nursing homes."
Read more at:
Dutch economy expected to grow again next year, Covid-19 effects to linger | NL Times
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