Euro Area Policies : 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Member Countries

Author/Editor:

International Monetary Fund

Publication Date:

July 31, 2007

Electronic Access:

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Summary:

The Euro Area Policies’ 2007 Article IV Consultation reports that the economy is poised for a sustained upswing because of cyclical considerations and policies, which have had a forward-looking cast. The area’s external position and the real effective exchange rate of the euro are within range of medium-term equilibrium. Stabilizing inflation below 2 percent might well require a further gradual tightening of monetary policy. Increased contestability and integration in the financial sector is also key to improving performance.

Series:

Country Report No. 07/260

Subject:

English

Publication Date:

July 31, 2007

ISBN/ISSN:

9781451813074/1934-7685

Stock No:

1EUREA2007002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

69

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