Germany : Staff Report for the 1999 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

November 8, 1999

Electronic Access:

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Summary:

This 1999 Article IV Consultation highlights that the monetary conditions in Germany have eased significantly since late 1998, reflecting both policy actions and exchange rate developments. Short-term interest rates were reduced by the Bundesbank to 3 percent in December 1998 and, in the new context of European Monetary Union, by the European Central Bank to 2½ percent in April 1999. The depreciation of the euro against other currencies since its inception in January 1999 has also been supportive of activity.

Series:

Country Report No. 99/129

Subject:

Notes:

Included with the Staff Report is the text of Public Information Notice No. 99/101--IMF Concludes Article IV Consultation with Germany.

English

Publication Date:

November 8, 1999

ISBN/ISSN:

9781451810332/1934-7685

Stock No:

1DEUEA0011999

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

43

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