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Euro Area Policies
Report

Euro Area Policies

IMF, 2015

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Editorial Rating

7

Qualities

  • Background
  • For Beginners

Recommendation

While macroeconomic conditions in the near term augur a recovery in the euro zone, the medium-term outlook is less upbeat, according to this authoritative and reasonably accessible report from the International Monetary Fund. The aftermath of the recession and the ongoing machinations of the Greek crisis threaten more robust growth and employment across the region. Policy makers will need to continue their concerted efforts to put the economy on a sustainable path. getAbstract recommends this influential recap to executives doing business in the euro zone.

Take-Aways

  • The European Central Bank’s quantitative easing and improved macroeconomic conditions are spurring a near-term recovery in the euro zone, where regional GDP growth is set to reach 1.7% in 2016, up from 1.5% in 2015.
  • However, latent economic weakness, low inflation, account imbalances among members, slowing emerging markets and regional geopolitical strains constrain the medium-term outlook.
  • Financial markets remain wary of further fallout from the Greek crisis.

About the Author

The International Monetary Fund advises member nations on policy issues and works to promote economic stability and well-being.