IMF Staff Country Reports

Euro Area: Staff Report on the Monetary and Exchange Rate Policies of the Euro Area; Supplement Updating Information on Recent Economic Developments and Policies in the Euro Area; Supplement on EU Trade Policies; Public Information Notice Following Consultation; Two Statements by Representative on the IMF Executive Board for France, on Behalf of Euro-Area and EU Members

November 9, 2000

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Format: Chicago

International Monetary Fund. "Euro Area: Staff Report on the Monetary and Exchange Rate Policies of the Euro Area; Supplement Updating Information on Recent Economic Developments and Policies in the Euro Area; Supplement on EU Trade Policies; Public Information Notice Following Consultation; Two Statements by Representative on the IMF Executive Board for France, on Behalf of Euro-Area and EU Members", IMF Staff Country Reports 2000, 146 (2000), accessed 12/7/2025, https://doi.org/10.5089/9781451812961.002

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Summary

For the time being—and possibly for a considerable time to come—developments and prospects for the euro area are quite favorable. This upbeat outlook is underpinned by buoyant activity indicators and a supportive policy mix. High household and business confidence, rising capacity utilization and industrial production, strong job creation, and—so far—employment-friendly wage settlements point to sustained activity in the near term. Moreover, the macroeconomic fundamentals in the euro area appear much sounder than in previous recoveries.

Subject: Expenditure, Fiscal policy, Fiscal stance, International trade, Labor markets, Price stabilization, Prices, Trade policy

Keywords: Africa, commission proposal, CR, EU market, EU's use, euro, Europe, Fiscal stance, Global, ISCR, liberalization, monetary policy, Price stabilization, Trade policy, use of anti-dumping action, WTO trade negotiations