Euro Area Policies: 2025 Annual Consultation-Press Release; Staff Report; and Statement by the Executive Director for Member Countries
July 11, 2025
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Despite recurring shocks, Europe’s economy remains resilient with record-low
unemployment, declining inflation, and a stable financial system. However,
policymakers face mounting challenges, including trade tensions, rising demand for
defense spending, and the need to ensure energy security, all while addressing longstanding
productivity challenges, rapid aging, and weak medium-term growth.
unemployment, declining inflation, and a stable financial system. However,
policymakers face mounting challenges, including trade tensions, rising demand for
defense spending, and the need to ensure energy security, all while addressing longstanding
productivity challenges, rapid aging, and weak medium-term growth.
Subject: Defense spending, Energy prices, Expenditure, Inflation, Prices, Tariffs, Taxes
Keywords: Defense spending, Energy prices, EU budget, EU institution, EU single market, Europe, Global, growth potential, headline inflation, Inflation, Tariffs
Pages:
79
Volume:
2025
DOI:
Issue:
174
Series:
Country Report No. 2025/174
Stock No:
1EUREA2025001
ISBN:
9798229016582
ISSN:
1934-7685
