Germany; 2010 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Germany

This 2010 Article IV Consultation highlights that the German economy is regaining the ground lost in the crisis. Policy support, restocking, and an uptick in global demand have lifted the economy from the recession. The authorities used the available fiscal space to implement countercyclical policy measures. Financial sector measures helped stabilize financial markets and mitigated systemic risk, but vulnerabilities remain. Executive Directors have welcomed the authoritiesâ€™ fiscal strategy that combines short-term support for the economy with a firm commitment to fiscal consolidation in the medium term.

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Year of publication:	2010-03-30
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultation reports \| Bank restructuring \| Bank supervision \| Banking sector \| Budget deficits \| Credit \| Economic indicators \| Export growth \| Fiscal consolidation \| Labor market policy \| Labor market reforms \| Staff Reports \| banking \| fiscal policy \| deposit insurance \| tax cuts \| structural adjustment \| bank credit \| public finances \| fiscal stimulus \| bank balance sheets \| bank capital \| capital adequacy \| recapitalization \| government deficit \| banking supervision \| fiscal targets \| banking system \| fiscal plans \| fiscal actions \| public debt \| deposit insurance coverage \| government budget \| fiscal support \| fiscal space \| bank supervisor \| banking sector problems \| balanced budget \| fiscal rule \| bank lending \| banking statistics \| fiscal position \| loose fiscal policy \| fiscal adjustments \| budget balance \| tax system \| debt service \| foreign asset \| government budget balance \| tax cut \| general government expenditure \| prudential banking supervision \| fiscal incentives \| deposit guarantee \| tax increases \| tax base \| tier 1 capital \| bank assets \| fiscal cost \| deposit insurance scheme \| bank funding \| discretionary fiscal policy \| fiscal frameworks \| fiscal indicators \| bank group \| national bank \| expenditure adjustment \| personal saving \| tax rebates \| fiscal objectives \| fiscal framework \| capital adequacy ratio \| fiscal consequences \| government expenditure \| expenditure cuts \| foreign exchange \| tax rates \| tax breaks \| fiscal efforts \| tax revenues \| fiscal costs \| budget measures \| savings bank \| bank consolidation

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 10/85 5 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011244536