About us
Mission
The IMF’s Offices in Europe, located in Brussels and Paris, serves as liaison to EU and euro-area institutions and governments, as well as international organizations, academics, civil society, and media.
Its main tasks include:
• Engaging with European policymakers and other interlocutors on euro area and EU policies; as well as fostering a dialogue on global economic issues;
• Supporting IMF operations in Europe, including policy advice, lending arrangements, technical assistance, and recruitment efforts;
• Helping to coordinate communication and outreach activities across the region.
History
Immediately after its creation, the Fund played a key role in various postwar initiatives, such as the creation of the European Payments Union (EPU) and the Organization for European Economic Cooperation (OEEC, which in 1960 became the OECD). The Office in Europe was created in Paris in 1948 to serve as observer and personal representative of the Managing Director at these new institutions. Over time, the functions of the office expanded to include wider liaison with European-based institutions, external relations, and outreach to academic institutions, NGOs, and the public.
The IMF Europe Office was established in 2013, comprising the Paris Office and the newly created Brussels Office
Europe and the IMF
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October 4, 2024
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France: Staff Concluding Statement of the 2024 Article IV Mission
May 23, 2024
France: Staff Concluding Statement of the 2024 Article IV Mission
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May 22, 2024
Good morning, ladies and gentlemen. Welcome to this very important Article IV process. And I want to start by thanking the IMF Team, because a lot of work goes into, you know, really quite a grueling exercise in which they go through all the assessments that we made of the UK economy.
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United Kingdom: Staff Concluding Statement of the 2024 Article IV Mission
May 21, 2024
With growth recovering faster than expected, the UK economy is approaching a soft landing, following a mild technical recession in 2023. CPI inflation has fallen faster than was envisaged last year and is projected to return durably to target in early 2025.
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Italy: Staff Concluding Statement of the 2024 Article IV Mission
May 20, 2024
The economy recovered well from the sequential pandemic and energy price shocks on the rebound in tourism and substantial policy support. However, growth has moderated. While contributing to the recovery, expansionary fiscal policy has also kept the deficit and public debt very high, elevating Italy’s risk premium and acting as a drag on private sector investment.