Euro Area Policies: 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Member Countries
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
The Euro Area Policies’ 2007 Article IV Consultation reports that the economy is poised for a sustained upswing because of cyclical considerations and policies, which have had a forward-looking cast. The area’s external position and the real effective exchange rate of the euro are within range of medium-term equilibrium. Stabilizing inflation below 2 percent might well require a further gradual tightening of monetary policy. Increased contestability and integration in the financial sector is also key to improving performance.
Series:
Country Report No. 2007/260
Subject:
Banking Financial services Income Inflation Labor National accounts Price stabilization Prices
English
Publication Date:
July 31, 2007
ISBN/ISSN:
9781451813074/1934-7685
Stock No:
1EUREA2007002
Pages:
69
Please address any questions about this title to publications@imf.org