Herzog-Stein, Alexander; Hohlfeld, Peter; Horn, Gustav A.; … - 2013
ECB's inflation target in both years, reaching 1.5 % in 2013 and 1.4 % in 2014. The euro area crisis is far from over. The …The world economy outside the euro area is expected to experience moderate growth rates in 2013 and 2014. In contrast …, the euro area is mired in recession. Fiscal policy outside Germany remains restrictive, notwithstanding the expected …