Table of contents. 1 Overview of results 2. 2 Executive Summary 3. 3 Infographic: Mortgage market myth busters 4
|
|
- Anne Hunter
- 5 years ago
- Views:
Transcription
1 0
2 Table of contents 1 Overview of results 2 2 Executive Summary 3 3 Infographic: Mortgage market myth busters 4 4 Theme 1: Are homes too expensive? 5 Homes still seen as expensive Renters in Europe Many still expect house prices to rise next year 5 Theme 2: Paying for homes: The bank of mum and dad 9 Friends and family a help when paying for property Family help becoming more common? Returning to the nest Late 20s has been the common age to enter the property market 6 Theme 3: Is it better to rent or buy? 14 Who owns and who rents? Buying still popular despite falls in house prices Countries with high housing costs 7 Theme 4: Future focus 18 How many think house prices never fall (and other interesting insights about homes) Buoyant outlook on home sales 8 Contact details 21 9 Disclaimer 22 1
3 Overview of results of ING International Survey on Homes and Mortgages countries are compared in this report. Twelve European countries plus Australia, Canada and the USA were surveyed. This report includes information about the European consumer based on the weighted average of the European countries. Approximately 1,000 respondents in each country were surveyed. The survey was conducted by TNS NIPO between 30 August and 17 September. 2
4 Executive Summary The ING International Survey on Homes and Mortgages shows the following main conclusions: 1. Despite thinking homes are expensive (a view held by 71% in Europe), many respondents still expect property prices to go up where they live next year. This view is strongest in Austria, Turkey and Luxembourg. The exceptions are Spain, where the property market is under intense pressure, and the Netherlands, where proposed changes to tax rules may have dampened the outlook on housing. 2. Financial risks associated with buying homes are underestimated by many people. Presented with the statement house prices never fall, 46% of European consumers agreed. Even in countries where prices fell in recent times, there are surprisingly high levels of agreement with the statement with Spain at 25%. In the USA, agreement was only 9% and in the United Kingdom, 17%. 3. Families and friends play a big role in helping buy property. For our European consumer (a weighted average), 40% of homeowners got financial help from loved ones when buying their home. This type of assistance is more common among younger homeowners but the 31% of respondents aged 55+ who say they got the help suggest the bank of mum and dad has been around for some time. Loved ones also help out in times of financial distress, with 10% of European consumers having returned to live with friends or family for financial reasons. 4. Buying a home is expected to get more difficult. Seventy-four per cent of European consumer survey respondents think it is more difficult to buy a property than 10 years ago and 76% worry that younger people won t be able to buy a property. - Ian Bright, ING senior economist 3
5 Infographic: Mortgage market myth busters See the full infographic at or contact us for a copy 4
6 Theme 1: Are homes too expensive? 5
7 Theme 1: Are homes too expensive? Homes still seen as expensive ; drop in USA market so big homes may be starting to seem affordable The view that houses are expensive is held almost universally in Europe and in Australia. In Luxembourg, Spain, Austria and Belgium, more than 80% of respondents say houses are expensive. At the other end of the spectrum, the standout is the USA, where the housing market sustained heavy falls during the global financial crisis that started in Do you think house prices are expensive where you live? 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Luxembourg Italy Austria Belgium Spain France Poland Turkey UK Germany Romania Netherlands European consumer Australia Canada USA Expensive Inexpensive What is your personal opinion regarding the current level of house prices where you live? 6
8 Theme 1: Are homes too expensive? Renters in Europe almost as likely to view houses as expensive and age makes little difference Non-owners (73%), such as renters and those living with family, are slightly more likely than owners (70%) in Europe to think houses are expensive. This is perhaps surprising given wider commentary about the difficulties many face buying their first home, however there are big differences when results are broken down to the country level. Age makes little difference in whether people think homes are expensive, with under 25s almost as likely as older age groups to say they are. Do you think house prices are expensive where you live? 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Owners Non-owners Expensive Inexpensive What is your personal opinion regarding the current level of house prices where you live? 7
9 Theme 1: Are homes too expensive? Many still expect house prices to rise in the next year; Spanish and Dutch buck the trend Even though houses are seen as expensive in Europe, Austrians, Germans and Luxembourgers strongly hold the view that house prices will still rise in the next year. In Spain, the major falls in house prices since 2008 and continuing pain in the wider economy seem to be reflected in the attitude there that house prices will fall in the next year. The IIS results suggest a turnaround could be on the way for property in the USA where there were significant price drops in the recent past but now has more respondents thinking prices will rise in the next year than think prices will fall. Do you think house prices will rise or fall in the next year? 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Austria Turkey Luxembourg Belgium Germany France UK Romania Italy Poland Netherlands Spain European consumer Australia Canada USA Rise Do you think housing prices will rise or fall over the next 12 months where you live? Fall 8
10 Theme 2: Paying for property: The bank of mum and dad 9
11 Theme 2: Paying for property: The bank of mum and dad At least 30% in 11 countries got monetary help from friends or family when buying their home Homebuyers often get monetary help from loved ones to get a deposit for their home using what is colloquially referred to as the bank of mum and dad. In Turkey, Italy, Romania and Poland, the numbers are particularly high. Even in Austria, Belgium, Germany, Luxembourg, Spain, Canada and Australia, the figure topped 30%. 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% Did you receive financial help when buying your home? 0% Italy Turkey Romania Poland Austria Germany Luxembourg Belgium Spain UK France Netherlands European consumer Australia Canada USA Yes, at the time of buying the property Yes, during the repayment of the mortgage loan No Have you ever received monetary help from friends or family to help you buy a house/property? 10
12 Theme 2: Paying for property: The bank of mum and dad Is help from family becoming more common? Younger homeowners are more likely to have had financial help from loved ones when they were buying their property, our European consumer figures show. It may signal that this method of buying a home is becoming more popular. However, even 31% of owners aged 55 + got this type of assistance suggesting that it has been a way of getting on the property ladder for many years. 100% Did you receive financial help when buying your home? 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% years years years years 55+ years Yes, at the time of buying the property Yes, during the repayment of the mortgage loan Have you ever received monetary help from friends or family to help you buy a house/property? 11
13 Theme 2: Paying for property: The bank of mum and dad Returning to the nest Moving in with friends and family is a common response when financial difficulties strike. More than 10% of respondents in Turkey (18%), Romania (15%), Australia (14%), the United States (13%), Italy (12%) and Spain (11%) have done this. 20% Percentage of respondents who returned to live with friends or family because of financial difficulties 18% 16% 14% 12% 10% 8% 6% 4% 2% 0% Turkey Romania Italy Spain Luxembourg UK Poland France Belgium Austria Germany Netherlands Yes, I have considered this and have returned European consumer Australia Canada USA Have you ever considered returning to live with friends or family because of financial difficulties? 12
14 Theme 2: Paying for property: The bank of mum and dad Late 20s has been the common age to enter the property market Across Europe, there is little difference in the median age at which respondents bought their first property. The United Kingdom has the youngest median age at 25 years and Germany the oldest at 33. Most fall within 25-to-30 years. 35 Age at which first property was bought (median) Germany Italy Turkey Austria France Poland Romania Belgium Spain Luxembourg Netherlands UK European consumer Australia Canada USA At what age did you buy your first house/property? 13
15 Theme 3: Is it better to rent or buy? 14
16 Theme 3: Is it better to rent or buy? Most survey respondents own their home: more than 50% are owners in 11 countries Germany is the only country in which more of our poll respondents rented than owned. Austria also stands out for the relatively high (42%) proportion of renters. The other category in the chart includes people living with friends and family and those who refuse to answer. Do you own or rent your home? 70% 65% 60% 55% 50% 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% Poland Italy Luxembourg Spain Romania UK Netherlands Belgium France Austria Turkey Germany European consumer Australia Canada USA Own Rent Other Which of the following situations best describes your housing situation? 15
17 Theme 3: Is it better to rent or buy? Buying is still popular despite falls in house prices Asked if they thought it was better to own a house than rent, respondents strongly preferred homeownership. This was particularly strong in Romania (87%), Poland (83%) and Belgium and Luxembourg (both 82%). From a financial point of view, do you think it is better to own a house than to rent? 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Romania Poland Luxembourg Belgium Austria Italy UK Turkey France Germany Spain Netherlands European consumer Australia Canada USA Agree Disagree Neither agree nor disagree From a financial point of view, it is better to own a house than to rent. 16
18 Theme 3: Is it better to rent or buy? Housing costs are relatively high in Turkey, Spain, Italy and Romania The proportion of take home pay spent on accommodation (mortgage or rent payments) offers some fascinating insights when compared with responses elsewhere in the survey. In Romania, where respondents are most likely to see homeownership as better than renting, the median mortgagees spend of take home pay on mortgage payments is 46%. Compared with attitudes to whether homes are too expensive (page 6), we see Luxembourgers strongly feel homes are too expensive but mortgagees there spend only 25% of their take home pay on the mortgage perhaps reflecting earnings strength. 50% 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% Median percent of take home pay spent on housing Mortgage Rent How much of your monthly income after tax is used for paying mortgage/rent? 17
19 Theme 4: Future Focus 18
20 Theme 4: Future Focus Majority think buying homes is more difficult now and fear young people won t be able to enter market 74% of European consumers in the survey think it is more difficult to buy a property than 10 years ago 76% worry that younger people won t be able to buy a property 73% think it is better from a financial point of view to buy than to rent 46% agree with the statement house prices never fall 71% agree that property is a good investment 19
21 Theme 4: Future Focus Going, going, gone: Buoyant outlook on home sales The Turks are particularly upbeat about prospects for more houses being sold in the next year, with Spanish, Dutch and Italians least optimistic. Houses sold could include turnover of existing homes or the selling of new builds. 75% 70% 65% 60% 55% 50% 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% Turkey Luxembourg Will more or fewer houses be sold over next 12 months? France Austria Belgium Germany Romania Poland UK Italy Netherlands Spain European consumer Australia Canada USA More Same Fewer Column 8 What do you think will happen to the number of houses being sold over the next 12 months compared to the last 12 months? 20
22 Contact list Country Contact Name Contact Phone Contact Pia Kain pia.kain@ing-diba.at Liesbeth Van De Craen liesbeth.van-de-craen@ing.be Maire Ginhoux maire.ginhoux@ingdirect.fr Patrick Herwarth von Bittenfeld P.HerwarthvonBittenfeld@ing-diba.de Silvia Colombo silvia.colombo@ingdirect.it Ananda Kautz ananda.kautz@ing.lu Ian Bright Ian.Bright@uk.ing.com Ewa Szerszen Ewa.Szerszen@ingbank.pl Patricia Leiva Asenjo patricia.leiva@ingdirect.es Buket Okumus buket.okumus@ingbank.com.tr Martin Rutland Martin.Rutland@ingdirect.co.uk Ian Bright (Economist) Ian.Bright@uk.ing.com Ana Oglindoiu ana.oglindoiu@ing.ro Ian Bright (Economist) Ian.Bright@uk.ing.com Ian Bright (Economist) Ian.Bright@uk.ing.com Ian Bright (Economist) Ian.Bright@uk.ing.com Robbert Keller robbert.keller@tns-nipo.com 21
23 Disclaimer The opinions expressed in this publication are based on information gathered by ING and on sources that ING deems reliable. This data has been processed with care in our analyses. Neither ING nor employees of the bank can be held liable for any inaccuracies in this publication. No rights can be derived from the information given. ING accepts no liability whatsoever for the content of the publication or for information offered on or via the sites. Authors rights and data protection rights apply to this publication. Nothing in this publication may be reproduced, distributed or published without explicit mention of ING as the source of this information. The user of this information is obliged to abide by ING s instructions relating to the use of this information. Dutch law applies. 22
International report prepared by TNS NIPO on behalf of ING
International report prepared by TNS NIPO on behalf of ING 0 Overview of results of ING International Survey on Pensions and Long Term Savings - 2012 12 countries are compared in this report. This report
More informationTheme 2: Paying for property: The bank of mum and dad At least 30% in 11 countries got monetary help from friends or family when buying their home
Theme 2: Paying for property: The bank of mum and dad At least 3 in 11 countries got monetary help from friends or family when buying their home Homebuyers often get monetary help from loved ones to get
More informationOptimism up on house prices
Optimism up on house prices But first time buyers face worsening conditions ING International Survey Homes and Mortgages September 2015 This survey was conducted by Ipsos on behalf of ING ING International
More informationIs housing on the right path in 2017?
Is housing on the right path in 2017? The cost of comfort in Europe, the USA and Australia ING International Survey Homes and Mortgages Home Costs and Prices September 2017 This survey was conducted by
More informationMobile banking the next generation
Mobile banking the next generation How should ways to bank and pay evolve in future? ING International Survey Mobile Banking 2017 Newer Technologies May 2017 ING International Survey Mobile banking the
More informationWill you take a hit to your savings?
Will you take a hit to your savings? Spending and investing in a low-interest environment ING International Survey Savings January 2017 This survey was conducted by Ipsos on behalf of ING ING International
More informationThis survey was conducted. by Ipsos on behalf of ING. ING International Survey special report - Helicopter Money October
Helicopter Bring on the money: loved, helicopters? not spent Europeans consumer doubt effectiveness perspectives of helicopter on money money ING International Survey special report Helicopter Money October
More informationAll aboard for the cashless society
All aboard for the cashless society But most say they will never be completely cash free ING International Survey Mobile Banking 2017 Cashless Society April 2017 ING International Survey All aboard for
More informationING Economics Department
ING Economics Department DID YOU KNOW Earned media is more valuable than paid media. Paid media is powerful, but earned media is priceless precisely because you can t put a price tag on people embracing
More informationGrowing Beyond. European real estate assets investment trend indicator A house divided. How Europe views prospects for real estate investment
Growing Beyond European real estate assets investment trend indicator 2013 A house divided How Europe views prospects for real estate investment About this report Ernst & Young s second annual European
More informationGrowing Beyond. European real estate assets investment trend indicator A house divided. How Europe views prospects for real estate investment
Growing Beyond European real estate assets investment trend indicator 2013 A house divided How Europe views prospects for real estate investment About this report Ernst & Young s second annual European
More information2010 Mortgage Consumer Survey
2010 Mortgage Consumer Survey CANADA MORTGAGE AND HOUSING CORPORATION Key findings from the 2010 survey The Internet, an important tool for mortgage consumers First-time buyers get informed on mortgage
More informationEuropean Consumer Payment Report 2017
European Consumer Payment Report 17 Contents CEO foreword 3 An optimistic Europe 4 Key findings Countries 1 Austria 12 Belgium 13 Czech Republic 14 Denmark 15 Estonia 17 Finl 18 France 19 Germany Greece
More informationCorrigendum. OECD Pensions Outlook 2012 DOI: ISBN (print) ISBN (PDF) OECD 2012
OECD Pensions Outlook 2012 DOI: http://dx.doi.org/9789264169401-en ISBN 978-92-64-16939-5 (print) ISBN 978-92-64-16940-1 (PDF) OECD 2012 Corrigendum Page 21: Figure 1.1. Average annual real net investment
More informationINVESTOR PULSE SURVEY 2013 WHAT AUSTRALIAN INVESTORS ARE THINKING INVESTOR PULSE
INVESTOR PULSE SURVEY 2013 WHAT INVESTORS ARE THINKING INVESTOR PULSE BLACKROCK INVESTOR PULSE 2013 P E O P L E A C R O S S 1 2 C O U N T R I E S S U R V E Y E D B Y C I C E R O [2] BLACKROCK INVESTOR
More informationPan-European opinion poll on occupational safety and health
REPORT Pan-European opinion poll on occupational safety and health Results across 36 European countries Final report Conducted by Ipsos MORI Social Research Institute at the request of the European Agency
More informationFieldwork February March 2008 Publication October 2008
Special Eurobarometer 298 European Commission Consumer protection in the internal market Fieldwork February March 2008 Publication October 2008 Report Special Eurobarometer 298 / Wave 69.1 TNS Opinion
More informationEuropeans knowledge of economic indicators
Special Eurobarometer 323 European Commission Europeans knowledge of economic indicators Fieldwork: August - September 2009 Publication: January 2010 Special Eurobarometer 323 / Wave 72.1 TNS Opinion &
More informationSwitzerland and Germany top the PwC Young Workers Index in developing younger people
Press release Date 9 November 2015 Contact Mihnea Anastasiu Pages 5 Media Relations Manager Tel: +40 21 225 3546 Email: mihnea.anastasiu@ro.pwc.com Switzerland and Germany top the PwC Young Workers Index
More informationPublic reporting for. Tax treaties Harmful tax practices Global solutions
European Parliament European Commission Ownership transparency The European Parliament is advocating for public registers of of companies, as well as all trusts and similar legal structures in the EU In
More informationSpecial Eurobarometer 465. Gender Equality 2017
Summary Gender Equality 01 Gender Pay Gap Survey requested by the European Commission, Directorate-General for Justice and Consumers and co-ordinated by the Directorate-General for Communication This document
More informationFlash Eurobarometer N o 189a EU communication and the citizens. Analytical Report. Fieldwork: April 2008 Report: May 2008
Gallup Flash Eurobarometer N o 189a EU communication and the citizens Flash Eurobarometer European Commission Expectations of European citizens regarding the social reality in 20 years time Analytical
More informationGlobal Investment Trends Survey May A study into global investment trends and saver intentions in 2015
May 2015 A study into global investment trends and saver intentions in 2015 Global highlights Schroders at a glance Schroders at a glance At Schroders, asset management is our only business and our goals
More informationEconomic expectations for Europe strongly influenced by Greek crisis. Results of GfK Consumer Climate Europe for the second quarter
Press Release July 15, 2015 Rolf Bürkl Tel. +49 911 395-3056 rolf.buerkl@gfk.com Ursula Fleischmann Corporate Communications Tel. +49 911 395-2745 ursula.fleischmann@gfk.com Economic expectations for Europe
More informationAMERICA AT HOME SURVEY American Attitudes on Homeownership, the Home-Buying Process, and the Impact of Student Loan Debt
AMERICA AT HOME SURVEY 2017 American Attitudes on Homeownership, the Home-Buying Process, and the Impact of Student Loan Debt 1 Objective and Methodology Objective The purpose of the survey was to understand
More informationINTRODUCTION 1 1. RETIREMENT IN GERMANY 2 2. THE CHANGING NATURE OF RETIREMENT 2 3. THE STATE OF RETIREMENT READINESS 6
CONTENT INTRODUCTION 1 1. RETIREMENT IN GERMANY 2 2. THE CHANGING NATURE OF RETIREMENT 2 3. THE STATE OF RETIREMENT READINESS 6 4. THE CALL-TO-ACTION: TAKE ACTION, AND DO IT NOW 8 INTRODUCTION AEGON GERMANY
More informationDANMARKS NATIONALBANK
DANMARKS NATIONALBANK WEALTH, DEBT AND MACROECONOMIC STABILITY Niels Lynggård Hansen, Head of Economics and Monetary Policy. IARIW, Copenhagen, 21 August 2018 Agenda Descriptive evidence on household debt
More informationGlobal Investor Survey 2017 Dutch consumers
Global Investor Survey 2017 Dutch consumers A global study of consumer engagement, investment outcomes and future perceptions November 2017 For Professional investors or advisers only For media only. Schroders
More informationEnterprise Europe Network SME growth forecast
Enterprise Europe Network SME growth forecast 2017-18 een.ec.europa.eu Foreword Since we came into office three years ago, this European Commission has put the creation of more jobs and growth at the centre
More informationMarkit Global Business Outlook
News Release Markit Global Business Outlook EMBARGOED UNTIL: 00:01, 16 March 2015 Global business confidence and hiring intentions slip to post-crisis low Expectations regarding activity and employment
More informationReal Estate Assets Investment Trend Indicator
Real Estate Assets Investment Trend Indicator Belgium 2014 Under embargo till Monday 13 January 8am Agenda Real Estate Assets Investment Trend Indicator Belgium 2014 About the trend indicator 2014 Market
More informationCFA Institute Member Poll: Euro zone Stability Bonds
CFA Institute Member Poll: Euro zone Stability Bonds I. About the Survey... 2 a. Background... 2 b. Purpose and Methodology... 2 II. Full Results... 2 Q1: Requirement of common issuance of sovereign bonds...
More informationINTRODUCTION 1 1. RETIREMENT IN FRANCE 2 2. THE CHANGING NATURE OF RETIREMENT 2 3. THE STATE OF RETIREMENT READINESS 6
CONTENT INTRODUCTION 1 1. RETIREMENT IN FRANCE 2 2. THE CHANGING NATURE OF RETIREMENT 2 3. THE STATE OF RETIREMENT READINESS 6 4. THE CALL-TO-ACTION: TAKE ACTION, AND DO IT NOW 8 INTRODUCTION KEY FINDINGS
More informationEurozone Ernst & Young Eurozone Forecast June 2013
Eurozone Ernst & Young Eurozone Forecast June 2013 Austria Belgium Cyprus Estonia Finland France Germany Greece Ireland Italy Luxembourg Malta Netherlands Portugal Slovakia Slovenia Spain Ernst & Young
More informationManpowerGroup Employment Outlook Survey Global
ManpowerGroup Employment Outlook Survey Global 1 218 ManpowerGroup interviewed nearly 59, employers across 43 countries and territories to forecast labor market activity in Quarter 1 218. All participants
More informationSurvey on the Access to Finance of Enterprises in the euro area. April to September 2017
Survey on the Access to Finance of Enterprises in the euro area April to September 217 November 217 Contents Introduction 2 1 Overview of the results 3 2 The financial situation of SMEs in the euro area
More informationPersonal Debt Snapshot: Wave 12. How sustainable is economic recovery given that more and more people struggle to payday?
Personal Debt Snapshot: Wave 12 How sustainable is economic recovery given that more and more people struggle to payday? December 2013 Introduction The twelfth wave of R3 s Personal Debt Snapshot finds
More informationINTERGENERATIONAL FAIRNESS. Intergenerational fairness A SURVEY OF CITIZENS IN 10 EUROPEAN COUNTRIES
Intergenerational fairness A SURVEY OF CITIZENS IN 10 EUROPEAN COUNTRIES A Foreword The intergenerational contract is under strain. Europeans are worried that they and their children may end up worse off
More informationTrends in the European Investment Fund Industry. in the Fourth Quarter of Results for the Full Year of 2016
Quarterly Statistical Release March 2017, N 68 This release and other statistical releases are available on Efama s website (www.efama.org) Trends in the European Investment Fund Industry in the Fourth
More informationSME Access to Finance
Flash Eurobarometer European Commission SME Access to Finance Executive Summary Fieldwork: September 2005 Publication: October 2005 Flash Eurobarometer 174 - TNS Sofres / EOS Gallup Europe This survey
More informationINTRODUCTION AEGON GERMANY REPRESENTATIVE 1 1. RETIREMENT IN GERMANY 2 2. THE CHANGING NATURE OF RETIREMENT 2 3. THE STATE OF RETIREMENT READINESS 6
CONTENT INTRODUCTION AEGON GERMANY REPRESENTATIVE 1 1. RETIREMENT IN GERMANY 2 2. THE CHANGING NATURE OF RETIREMENT 2 3. THE STATE OF RETIREMENT READINESS 6 4. THE CALL-TO-ACTION: TAKE ACTION, AND DO IT
More informationManpower Employment Outlook Survey
Manpower Employment Outlook Survey Global 4 215 Global Employment Outlook Nearly 59, employers across 42 countries and territories have been interviewed to measure anticipated labor market activity between
More informationTUC Statement on the HM Treasury Spring Statement : Time for action
TUC Statement on the HM Treasury Spring Statement : Time for action Time for action At the Autumn Budget the Chancellor looked to a future that will be full of change; full of new challenges and above
More informationManpowerGroup Employment Outlook Survey Global
ManpowerGroup Employment Outlook Survey Global 1 19 ManpowerGroup interviewed over 6, employers across 44 countries and territories to forecast labor market activity* in January-March 19. All participants
More informationEVCA Private Equity Activity Survey 2007 Europe
EVCA Private Equity Activity Survey 2007 Europe 31 Europe 2006 Highlights: Demonstrating confidence in the European private equity sector with a record fundraising level of 112.3 billion in 2006, a significant
More informationSurvey on the access to finance of enterprises in the euro area. October 2014 to March 2015
Survey on the access to finance of enterprises in the euro area October 2014 to March 2015 June 2015 Contents 1 The financial situation of SMEs in the euro area 1 2 External sources of financing and needs
More informationSecond Quarter Trading Update 9 July 2010
Second Quarter Trading Update 9 July 2010 Michael Page International Second Quarter Trading Update 2010 2 Group gross profit Constant Group gross profit m m Reported exchange 2010 vs 2009 111.5 83.8 +33.1%
More informationThe Canadian Residential Mortgage Market During Challenging Times
The Canadian Residential Mortgage Market During Challenging Times Prepared for: Canadian Association of Accredited Mortgage Professionals By: Will Dunning CAAMP Chief Economist April 2009 Table of Contents
More informationEuropean Credit Risk Outlook
November 2011 European Credit Risk Outlook Results of the Third European Credit Risk Managers Survey Best practices in retail financial services more information on www.efma.com Contents 03 Introduction
More informationAustria. Overview EIB INVESTMENT SURVEY
Austria Overview EIB INVESTMENT SURVEY Finance Country Overview: Austria European Investment Bank (EIB), 2017. All rights reserved. About the EIB Investment Survey (EIBIS) The Finance is a unique, EU-wide,
More informationHOUSING AFFORDABILITY IN THE EU Current situation and recent trends
HOUSING AFFORDABILITY IN THE EU Current situation and recent trends Alice Pittini CECODHAS Housing Europe s Observatory RESEARCH BRIEFING Year 5 / Number 1, January 2012 http://www.housingeurope.eu/publication/research-briefings
More informationGOVERNMENT PAPER. There are some signs that these views are changing with new generations.
Older people on the labour market in Iceland Public policy and measures within continuing education Gissur Pétursson Directorate of Labour 1. Conditions on the labour market Employment participation among
More informationPUBLIC PERCEPTIONS OF VAT
Special Eurobarometer 424 PUBLIC PERCEPTIONS OF VAT REPORT Fieldwork: October 2014 Publication: March 2015 This survey has been requested by the European Commission, Directorate-General for Taxations and
More informationNew approaches to mortgage market regulation
New approaches to mortgage market regulation The impact of the MMR and the risks and benefits for consumers, society and the wider economy Supplementary material on mortgage affordability, the role of
More informationFlash Eurobarometer 386 THE EURO AREA REPORT
Eurobarometer THE EURO AREA REPORT Fieldwork: October 2013 Publication: November 2013 This survey has been requested by the European Commission, Directorate-General for Economic and Financial Affairs and
More informationTable 1: Foreign exchange turnover: Summary of surveys Billions of U.S. dollars. Number of business days
Table 1: Foreign exchange turnover: Summary of surveys Billions of U.S. dollars Total turnover Number of business days Average daily turnover change 1983 103.2 20 5.2 1986 191.2 20 9.6 84.6 1989 299.9
More informationFieldwork: October 2006 Report: December 2006
Flash Eurobarometer European Commission Business attitudes towards cross-border sales and consumer protection Summary Fieldwork: October 2006 Report: December 2006 Flash Eurobarometer 186 The Gallup Organization
More informationThe Architectural Profession in Europe 2012
The Architectural Profession in Europe 2012 - A Sector Study Commissioned by the Architects Council of Europe Chapter 2: Architecture the Market December 2012 2 Architecture - the Market The Construction
More informationIreland, one of the best places in the world to do business. Q Key Marketplace Messages
, one of the best places in the world to do business. Q1 2013 Key Marketplace Messages Why : Companies are attracted to for a variety reasons: Talent Young, flexible, adaptable, mobile workforce. The median
More informationPrudential Retirement s Fifth Annual Workplace Report on Retirement Planning
Prudential Retirement s Fifth Annual Workplace Report on Retirement Planning Quantitative research with America s youngest and oldest workers to test attitudes about the new auto-pilot retirement plans.
More informationRaising the retirement age is the labour market ready for active ageing: evidence from EB and Eurofound research
Raising the retirement age is the labour market ready for active ageing: evidence from EB and Eurofound research Robert Anderson, EUROFOUND, Dublin Reforming pension systems in Europe and Central Asia
More informationTurkey s Saving Deficit Issue From an Institutional Perspective
Turkey s Saving Deficit Issue From an Institutional Perspective Engin KURUN, Ph.D CEO, Ziraat Asset Management Oct. 25th, 2011 - Istanbul 1 PRESENTATION Household and Institutional Savings Institutional
More informationInternational Statistical Release
International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org). Worldwide Investment Fund Assets and Flows Trends in the
More informationAirPlus International Travel Management Study 2017 Part 1 Forecast of business travel costs and bookings. Where will 2017 take us?
AirPlus International Travel Management Study 2017 Part 1 Forecast of business travel costs and bookings SWITZERLAND Where will 2017 take us? To kick off the New Year, we bring you the latest forecasts
More informationSnapshot Survey Of Impact of Economic Crisis
GENERAL ASSEMBLY 1/09 Snapshot Survey Of Impact of Economic Crisis ASSEMBLEE GENERALE 1/09 Methodology: - Secretariat Prepared Questions with Assistance from the EB - The ACE Internet Service Provider
More informationEU BUDGET AND NATIONAL BUDGETS
DIRECTORATE GENERAL FOR INTERNAL POLICIES POLICY DEPARTMENT ON BUDGETARY AFFAIRS EU BUDGET AND NATIONAL BUDGETS 1999-2009 October 2010 INDEX Foreward 3 Table 1. EU and National budgets 1999-2009; EU-27
More informationEnterprise Europe Network SME growth outlook
Enterprise Europe Network SME growth outlook 2018-19 een.ec.europa.eu 2 Enterprise Europe Network SME growth outlook 2018-19 Foreword The European Commission wants to ensure that small and medium-sized
More informationLow employment among the 50+ population in Hungary
Low employment among the + population in Hungary The role of incentives, health and cognitive capacities Janos Divenyi (Central European University) and Gabor Kezdi (Central European University and IE-CRSHAS)
More informationPENSIONS IN OECD COUNTRIES: INDICATORS AND DEVELOPMENTS
PENSIONS IN OECD COUNTRIES: INDICATORS AND DEVELOPMENTS Marius Lüske Directorate for Employment, Labour and Social Affairs, OECD Lisbon, 28.09.2018 Marius.LUSKE@oecd.org www.oecd.org/els OUTLINE Talk based
More informationManpowerGroup Employment Outlook Survey New Zealand
ManpowerGroup Employment Outlook Survey New Zealand 1 218 New Zealand Employment Outlook The ManpowerGroup Employment Outlook Survey for the first quarter 218 was conducted by interviewing a representative
More informationComments on Exploring Differences in Household Debt across Euro Area Countries and the US D. Christelis, M. Ehrmann, and D.
Comments on Exploring Differences in Household Debt across Euro Area Countries and the US D. Christelis, M. Ehrmann, and D. Georgarakos ECB Conference on Household Finance and Consumption, October 17-18
More informationBank of Canada Triennial Central Bank Surveys of Foreign Exchange and Over-the-Counter (OTC) Derivatives Markets Turnover for April, 2007 and Amounts
Bank of Canada Triennial Central Bank Surveys of Foreign Exchange and Over-the-Counter (OTC) Derivatives Markets Turnover for April, 2007 and Amounts Outstanding as at June 30, 2007 January 4, 2008 Table
More informationTrends in the European Investment Fund Industry. in the Fourth Quarter of and. Results for the Full Year 2011
Quarterly Statistical Release February 2012, N 48 This release and other statistical releases are available on efama s website (www.efama.org) Trends in the European Investment Fund Industry in the Fourth
More informationPEOPLE S ATTITUDES TO SRI THE NETHERLANDS AND BEYOND
FINDING OUT PEOPLE S ATTITUDES TO SRI THE NETHERLANDS AND BEYOND The asset manager for a changing world 1 1 INTRODUCTION ATTITUDES TOWARDS INVESTING IN GENERAL What are people s attitudes towards investing,
More informationAgeing and employment policies: Ireland
Ageing and employment policies: Ireland John Martin 1 Director for Employment, Labour and Social Affairs, OECD FÁS Annual Labour Market Conference, Dublin, 5 December 2005 OECD has carried out a major
More informationInternational Statistical Release
International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org) Worldwide Investment Fund Assets and Flows Trends in the
More informationGlobal Investor Study 2017
Global Investor Study 2017 Investor behaviour: from priorities to expectations Global Investor Study 2017 1 Contents 3 Overview 11 Millennials paint a conflicted picture 4 The global thirst for more investment
More information2. Political Party? Other 28% Democratic 36% Republican 36%
Data Analysis 2. Political Party? Other 28% Democratic 36% Republican 36% 5. How much do you fear not having enough saved for retirement? Not at all 22% A little 38% 3% A lot 37% Three out of four respondents
More informationENTREPRENEURSHIP IN THE EU AND BEYOND
Flash Eurobarometer 354 ENTREPRENEURSHIP IN THE EU AND BEYOND COUNTRY REPORT SPAIN Fieldwork: June 2012 This survey has been requested by the European Commission, Directorate-General Enterprise and Industry
More informationDemographic reality forces European countries to introduce individually funded pension systems
PENSION NOTES No. 31 - November 2018 Demographic reality forces European countries to introduce individually funded pension systems Executive Summary Reality is inevitable: the countries with PAYGO pension
More informationSpecial Eurobarometer 418 SOCIAL CLIMATE REPORT
Special Eurobarometer 418 SOCIAL CLIMATE REPORT Fieldwork: June 2014 Publication: November 2014 This survey has been requested by the European Commission, Directorate-General for Employment, Social Affairs
More informationAirPlus International Travel Management Study 2017 Part 1 Forecast of business travel costs and bookings. Where will 2017 take us?
AirPlus International Travel Management Study 2017 Part 1 Forecast of business travel costs and bookings Where will 2017 take us? To kick off the New Year, we bring you the latest forecasts for the travel
More informationStatistical Annex ANNEX
ISBN 92-64-02384-4 OECD Employment Outlook Boosting Jobs and Incomes OECD 2006 ANNEX Statistical Annex Sources and definitions Most of the statistics shown in these tables can be found as well in three
More informationManpowerGroup Employment Outlook Survey Netherlands
ManpowerGroup Employment Outlook Survey Netherlands 1 218 The ManpowerGroup Employment Outlook Survey for the first quarter 218 was conducted by interviewing a representative sample of 754 employers in
More informationESF Securitisation. Data Report
ESF Securitisation Data Report Autumn 2007 www.europeansecuritisation.com European Securitisation Forum St. Michael s House 1 George Yard London EC3V 9DH T +44.20.77 43 93 11 F +44.20.77 43 93 01 www.europeansecuritisation.com
More informationMost Canadians are pretty happy with their lives, but the ones who aren t, are downright miserable
Page 1 of 14 Most Canadians are pretty happy with their lives, but the ones who aren t, are downright miserable One-in-six Canadians are among, who tend to be dissatisfied with most aspects of life February
More informationFlash Eurobarometer 398 WORKING CONDITIONS REPORT
Flash Eurobarometer WORKING CONDITIONS REPORT Fieldwork: April 2014 Publication: April 2014 This survey has been requested by the European Commission, Directorate-General for Employment, Social Affairs
More informationTHE CAQ S SEVENTH ANNUAL. Main Street Investor Survey
THE CAQ S SEVENTH ANNUAL Main Street Investor Survey DEAR FRIEND OF THE CAQ, Since 2007, the Center for Audit Quality (CAQ) has commissioned an annual survey of U.S. individual investors as a part of its
More informationInternational Statistical Release
International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org). Worldwide Investment Fund Assets and Flows Trends in the
More informationDEPFA ACS BANK. Investor Presentation 31st December 2015
DEPFA ACS BANK Investor Presentation 31st December 2015 Overview of Asset Covered Securities Legislation 1 Irish Asset Covered Securities are governed by the Asset Covered Securities Act 2001. It was amended
More informationHOUSEHOLD FINANCE AND CONSUMPTION SURVEY: A COMPARISON OF THE MAIN RESULTS FOR MALTA WITH THE EURO AREA AND OTHER PARTICIPATING COUNTRIES
HOUSEHOLD FINANCE AND CONSUMPTION SURVEY: A COMPARISON OF THE MAIN RESULTS FOR MALTA WITH THE EURO AREA AND OTHER PARTICIPATING COUNTRIES Article published in the Quarterly Review 217:2, pp. 27-33 BOX
More informationGlobal Exhibition Barometer 13 th edition (July 2014)
Global Exhibition Barometer 13 th edition A UFI report based on the results of a survey conducted in June among UFI*, SISO**, AFIDA*** & EXSA**** Members (*) Global (**) USA (***) Central & South America
More informationLV= LIFE LV LIFE INSURANCE. Plan Conditions Document reference: LVLI4
LV= LIFE LV LIFE INSURANCE INSURANCE Plan Conditions Document reference: LVLI4 LV= Life Insurance Plan Conditions Welcome to LV=, and thank you for choosing LV= Life Insurance These conditions and your
More informationBank of Canada Triennial Central Bank Survey of Foreign Exchange and Over-the-Counter (OTC) Derivatives Markets
Bank of Canada Triennial Central Bank Survey of Foreign Exchange and Over-the-Counter (OTC) Derivatives Markets Turnover for, and Amounts Outstanding as at June 30, March, 2005 Turnover data for, Table
More informationInternational Statistical Release
International Statistical Release This release and additional tables of international statistics are available on efama s website (www.efama.org) Worldwide Investment Fund Assets and Flows Trends in the
More informationTalent in Insurance 2015 The Netherlands in Focus. UK Financial Services Insight
Talent in Insurance 2015 The Netherlands in Focus UK Financial Services Insight Report contents The Netherlands in Focus Key findings Macroeconomic and industry context Survey findings 2 Key findings 3
More informationE-Communications Household Survey
Special Eurobarometer 293 European Commission E-Communications Household Survey Fieldwork November December 2007 Publication June 2008 Report Special Eurobarometer 293 / Wave 68.2 TNS opinion & social
More informationManpowerGroup Employment Outlook Survey Singapore
ManpowerGroup Employment Outlook Survey Singapore 1 218 ManpowerGroup interviewed nearly 59, employers across 43 countries and territories to forecast labor market activity* in 1Q 218. All participants
More informationSKEMA BUSINESS SCHOOL Global risk and the mounting wealth gap Michel Henry Bouchet
SKEMA BUSINESS SCHOOL Global risk and the mounting wealth gap Michel Henry Bouchet MYTH = GLOBALIZATION GENERATES GROWING ECONOMIC WEALTH AND WELL-BEING FOR ALL Fact: Economic growth boils down to rising
More informationEconomic Outlook. Global And Finnish. Technology Industries In Finland Turnover and orders picking up s. 5. Economic Outlook
Economic Outlook Technology Industries of Finland 2 217 Global And Finnish Economic Outlook Broad-Based Global Economic Growth s. 3 Technology Industries In Finland Turnover and orders picking up s. 5
More information