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Statement by Johann Prader, Alternate Executive Director for Euro Area Executive Board Meeting

Statement by Johann Prader, Alternate Executive Director for Euro Area Executive Board Meeting »

Source: Euro Area Policies : Staff Report

Volume/Issue: 2005/265

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 August 2005

ISBN: 9781451813012

Keywords: interest rates, structural reforms, economic outlook

This paper focuses on euro area policies. The monetary policy stance remains appropriate for now. Fiscal policies are falling well short of consolidation requirements, and the area remains insufficiently prepared f...