Juan Orts
Juan Orts

Juan Orts is an Economist in the Economic Scenarios unit of BBVA Research since 2019. Previously, he was a Trainee at the European Central Bank (ECB) and an intern at the Economic Research department of Mapfre.

He holds a Master’s Degree in Economics from University College Dublin (Highest Honors) and the Bachelor’s Degree in Economics from Universidad Carlos III de Madrid. At the same time, he complemented his college education with stays at the Stockholm School of Economics and the Università Bocconi.

Latest publications

Eurozone growth forecasts are revised slightly upwards due to better incoming data, but we continue to expect some slowdown from 1.2% in 2019 to 0.9% in 2020 before recovering gradually to 1.2% in 2021.
Recent data have been relatively positive and signal to some stabilization. Lower trade tensions, less uncertainty of a hard Brexit in the short-term, a lax monetary policy and somewhat expansionary fiscal policy should support a slightly higher growth. Global GDP will grow steadily at 3.2% in 2020 and 3.3% in 2021.
Eurozone growth stabilized in 3Q19 thanks to the resilience of domestic demand, while the deterioration of industrial production and exports has halted. Our MICA-BBVA model projects still low growth in 4Q19. Core inflation has stepped in November, but it is early to tell if it will be sustainable.