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Additional Physical Format: | Print Version: Euro Area Policies: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Member Countries. Washington, D.C. : International Monetary Fund, 2017 |
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Material Type: | Document, Government publication, International government publication, Internet resource |
Document Type: | Internet Resource, Computer File |
All Authors / Contributors: | International Monetary Fund. European Department, |
ISBN: | 9781484312452 1484312457 1484312341 9781484312346 |
ISSN: | 1934-7685 |
OCLC Number: | 1002742975 |
Description: | 1 online resource (66 pages). |
Series Title: | IMF country report, no. 17/235. |
Abstract:
The steady recovery and political developments provide an opportune moment for advancing much-needed reforms to strengthen the architecture of the Economic and Monetary Union. Pro-EU political parties have gained momentum, while strong private consumption and supportive policies have boosted growth. Unemployment is falling amid solid job creation, although it remains elevated in some countries. Productivity growth has been lagging in some countries, leading convergence across countries to stall and competitiveness gaps to persist. While the recovery has been resilient to shocks so far, risks remain and continued monetary policy support is required.
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