Coinciding with the publication in the ECB monthly bulletin of new Eurosystem projections for the euro area, this article presents the results for the Belgian economy for 2008 and 2009. Since the previous forecasts were published in December 2007, the deterioration in the external factors has...

Since the publication of the Bank’s spring projections, the growth of activity in the euro area in the first half of 2006 has been stronger than previously predicted and oil prices, after rising further during the summer, have fallen to a level hovering around 60 dollars since October 2006. In...

Since the projections published in December 2006, the international environment has remained buoyant. GDP growth in the euro area, which proved stronger than previously expected over the last months, should keep going at a solid pace in 2007. In Belgium, economic activity has been particularly...

Twice a year, in June and December, the National Bank of Belgium publishes the macroeconomic projections for the Belgian economy for the current and the following year. The current projections cover the years 2005 and 2006. These projections make up the national component of the broad...

Since the publication of the Bank’s spring projections, the growth of activity and employment has proved robust in the euro area and in Belgium in the first half of 2007. However, the external environment has become more uncertain, owing to the financial market turmoil, the appreciation of the...

Twice a year, in June and December, the National Bank of Belgium publishes the macroeconomic projections for the Belgian economy for the current and the following year. The current projections are an update of the projections for 2004 and 2005 published last June. These projections make up the...

The global economic recovery which had begun in mid 2009 has continued, though its strength has varied from one region to another. The emerging economies have been the driving force, propelling the revival of international trade, while the upturn is likely to be more gradual in the advanced...

In light of an increased transparency, the National Bank of Belgium has decided to publish twice a year, in June and December, the macroeconomic projections for the Belgian economy for the current and the following year. These projections represent the national part from the broad macroeconomic...

The global economic recovery which had begun in mid 2009 has continued, though its strength has varied from one region to another. The emerging economies have been the driving force, propelling the revival of international trade. The upturn is more gradual in the advanced economies, as is...

Twice a year, in June and December, the National Bank of Belgium publishes macroeconomic projections for the Belgian economy for the current and the following year. These projections make up the national component of the broad macroeconomic projection exercise conducted within the Eurosystem ;...