Euro Area Policies

August 3, 2004

Preview Citation

Format: Chicago

Euro Area Policies, (USA: International Monetary Fund, 2004) accessed December 22, 2024

Summary

The staff report on Euro Area Policies highlights cyclical growth developments and risks. The area’s real GDP growth has picked up, responding to strong foreign demand and relaxed financial conditions. The final domestic demand growth remains subdued, and the area lags global growth by a large and widening margin. Euro area corporations have taken considerable time to adjust to the boom–bust cycle in equity valuations. The shared central view is that the export-led recovery will increasingly be sustained by domestic demand growth.

Subject: Fiscal policy, Inflation, Labor, Labor markets, Labor policy, Prices

Keywords: CR, ECOFIN Council, Equity price, Euro, Europe, Global, Headline inflation, Headline inflation outcome, Inflation, Inflation expectation, ISCR, Labor markets, Labor policy, Rating agency Standard & Poor's, Subsidized sugar export

Publication Details

Pages:

62
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/234
Stock No:

1EUREA0012004
ISBN:

9781451812909
ISSN:

1934-7685

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