Germany: Staff Report for the 2003 Article IV Consultation
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Summary:
The 2003 Article IV Consultation discussions took place against a backdrop of serious concerns about the health and prospects for the economy. The authorities saw the revised policy strategy as providing an important boost to confidence and the right balance of supply-side initiatives and demand-side support to revitalize growth. The key challenge in the financial sector is to maintain a healthy balance between competition and financial stability. The authorities have made progress in bringing key elements of their reform program closer to implementation.
Series:
Country Report No. 2003/341
Subject:
Commercial banks Expenditure Financial institutions Fiscal policy Housing Labor Unemployment Wages
English
Publication Date:
November 6, 2003
ISBN/ISSN:
9781451810448/1934-7685
Stock No:
1DEUEA0022003
Pages:
49
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