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Euro Area Policies
			: Staff Report for the 2006 Article IV Consultation

Euro Area Policies : Staff Report for the 2006 Article IV Consultation »

Volume/Issue: 2006/287

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 August 2006

DOI: http://dx.doi.org/10.5089/9781451813043.002

ISBN: 9781451813043

Keywords: exchange rate, monetary policy, interest rates, labor market, financial sector

The euro area recovered from the economic doldrums. Executive Directors welcomed the recovery, supported by strong financial conditions, global growth, and improved financial positions. They encouraged the reformed...

Euro Area Policies
			: Staff Report

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

DOI: http://dx.doi.org/10.5089/9781451813012.002

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...