Luxembourg: Staff Report for the 2012 Article IV Consultation
IMF Staff Country Reports, July 3, 2012
Source details
- Canonical URL
- Luxembourg: Staff Report for the 2012 Article IV Consultation
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Bibliographic details
- Published: July 3, 2012
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475504835.002
Macroeconomic performance and outlook
- Economic growth in Luxembourg slowed in 2011 amid the euro area sovereign debt crisis.
- Reflecting sluggish external demand, economic activity is expected to further weaken, with growth projected to decline to ½ percent in 2012.
- Executive Directors welcomed the continued stability of Luxembourg’s economy despite the turbulence in the euro area.
Financial sector assessment and policy actions
- Authorities were commended for measures taken to strengthen the financial sector.
- Authorities were commended for implementing recommendations from the Financial Stability Assessment Program update.
Key subjects and keywords covered
- Subjects: Banking, Financial crises, Financial regulation and supervision, Financial sector, Labor, Labor markets, Public debt
- Keywords: authority, budgetary funds, central bank, CR, Global, IMF staff calculation, ISCR, Labor markets, liability positions vis-à-vis nonresident, Luxembourg economy, Luxemburg, social security fund
Publication and document identifiers
- Pages: 69
- Volume: 2012
- Issue: 160
- Series: Country Report No. 2012/160
- DOI: https://doi.org/10.5089/9781475504835.002
- Stock No: 1LUXEA2012001
- ISBN: 9781475504835
- ISSN: 1934-7685
- Publication date on page: July 3, 2012
International Monetary Fund. Luxembourg: Staff Report for the 2012 Article IV Consultation.
Content in this bundle
- Luxembourg: 2012 Article IV Consultation; IMF Country Report 12/160; June 12, 2012.