Weekly Export Risk Outlook, January 22

01.23.2015 ZF English

Although the European Central Bank is late to the quantitative-easing party, compared to the US' Federal Reserve and the Bank of England, the bond purchases may slightly help economic growth in the euro-zone, Euler Hermes noted in this week's Export Risk Outlook report.

"We expect limited positive impact on the real economy: a cumulative impact of 0.5% pp of GDP growth and +0.3% on inflation over the next 12 to 18 months," Euler Hermes analysts wrote in this week's report.

For corporates, this will mean an easing in financing conditions, which should support business expansion, coupled with the weaker euro and the fall in oil prices, the report adds.

See other information about the European and global economies, in the full report.