Euro Area Policies: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Member Countries

July 11, 2019

Preview Citation

Format: Chicago

Euro Area Policies: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Member Countries, (USA: International Monetary Fund, 2019) accessed December 21, 2024

Summary

After a sharp slowdown starting in 2018, euro area growth is expected to recover over the course of 2019. However, mounting downside risks from global trade tensions, a no-deal Brexit, and market concerns about countries with high public debt emphasize the precarious nature of the forecast. Even in the absence of a major shock, there is a danger that the area could enter a prolonged period of anemic growth and inflation. Policies should focus on supporting growth while also reducing vulnerabilities.

Subject: Banking, Competition, Financial markets, Inflation, Labor, Labor markets, Prices, Production, Productivity

Keywords: Competition, CR, EU institution, EU policymaker, Euro, Europe, Global, IMF country team, Inflation, ISCR, Labor markets, Monetary policy, Policy, Productivity, Single market, Tailored monetary policy

Publication Details

Pages:

61
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2019/219
Stock No:

1EUREA2019001
ISBN:

9781498325073
ISSN:

1934-7685

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