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REGIONAL ECONOMIC OUTLOOK

April 2023


Economic growth has tumbled across Europe, inflation remains too high, and financial sector risks have materialized. Taming sticky inflation while avoiding financial stress and a recession will require tighter macroeconomic policies—tailored to changing financial conditions, stronger financial regulation and supervision, and bolder supply-side reforms that heal scars from the COVID-19 and energy crises.

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Blog: Europe’s Knife-Edge Path Toward Beating Inflation Without a Recession

 

IMF Blogs - Europe

Euro Area Reports

Euro Area Policies: 2021 Article IV Consultation with Member Countries on Common Euro Area Policies (February 7, 2022)

Biases in Survey Inflation Expectations: Evidence from the Euro Area (September 30, 2022)

U.S. and Euro Area Monetary and Fiscal Interactions During the Pandemic: A Structural Analysis (November 11, 2022)

A Bottom-Up Reduced Form Phillips Curve for the Euro Area (December 16, 2022)

 

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