Monetary and Exchange Rate Policies of the Euro Area.

The economic conditions in the euro area have brightened. Executive Directors commended the policy stance of the European Central Bank. They noted that the exchange rate developments of the euro failed to strengthen the euro area economy, and stressed the need for fiscal discipline, structural refor...

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Bibliografiske detaljer
Institution som forfatter: International Monetary Fund
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2000.
Serier:IMF Staff Country Reports; Country Report ; No. 2000/046
Online adgang:Full text available on IMF
Beskrivelse
Summary:The economic conditions in the euro area have brightened. Executive Directors commended the policy stance of the European Central Bank. They noted that the exchange rate developments of the euro failed to strengthen the euro area economy, and stressed the need for fiscal discipline, structural reforms, and wage moderation at the national level to maintain price stability in the medium term. They emphasized the need for deeper integration of European Union financial markets, development of risk capital, and improvement of the quality and sustainability of public finances.
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Fysisk beskrivelse:1 online resource (47 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students