Euro Area Policies : Staff Report.
This paper focuses on euro area policies. The monetary policy stance remains appropriate for now. Fiscal policies are falling well short of consolidation requirements, and the area remains insufficiently prepared for the looming demographic shock. Past fiscal policy failures, notably insufficient ad...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2005.
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| Series: | IMF Staff Country Reports; Country Report ;
No. 2005/265 |
| Online Access: | Full text available on IMF |