Euro Area Policies: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Member Countries
July 11, 2019
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After a sharp slowdown starting in 2018, euro area growth is expected to recover over the course of 2019. However, mounting downside risks from global trade tensions, a no-deal Brexit, and market concerns about countries with high public debt emphasize the precarious nature of the forecast. Even in the absence of a major shock, there is a danger that the area could enter a prolonged period of anemic growth and inflation. Policies should focus on supporting growth while also reducing vulnerabilities.
Subject: Banking, Competition, Financial markets, Inflation, Labor, Labor markets, Prices, Production, Productivity
Keywords: Competition, CR, EU institution, EU policymaker, euro, Europe, Global, IMF country team, Inflation, ISCR, Labor markets, monetary policy, policy, Productivity, single market, tailored monetary policy
Pages:
61
Volume:
2019
DOI:
Issue:
219
Series:
Country Report No. 2019/219
Stock No:
1EUREA2019001
ISBN:
9781498325073
ISSN:
1934-7685
