Luxembourg: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Luxembourg

Publication Date: May 09, 2014
Electronic Access: Free Full text (PDF file size is 1,813KB).
Use the free Adobe Acrobat Reader to view this PDF file

Summary: This 2014 Article IV Consultation highlights that with a strong policy framework, Luxembourg has weathered the crisis well and the economy is rebounding. The fiscal position remains sound, and the large financial sector has been resilient. After a shallow recession in 2012, growth reached 2.1 percent in 2013. The improving economic and financial environment in Europe drove the recovery in services exports. The outlook is for growth to firm up but without returning to its pre-crisis trend. Output is forecast to grow broadly in line with potential (2 to 2½ percent) during 2014–2019.
Series: Country Report No. 14/118
Subject(s): Article IV consultation reports | Financial sector | International banks | Spillovers | Bank supervision | Exchange rate assessments | Fiscal policy | Fiscal consolidation | Economic indicators | Staff Reports | Press releases | Luxembourg

Publication Date: May 09, 2014
ISBN/ISSN: 9781475518528/1934-7685 Format: Paper
Stock No: 1LUXEA2014001 Pages: 55
US$18.00 (Academic Rate:
US$18.00 )
Please address any questions about this title to