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financial sector authorities in the European Union (EU), a proposal that is under consideration by EU member states …
Persistent link: https://www.econbiz.de/10014402543
. Financial sector reform in the EU is proceeding at a rapid pace, and poses challenges and opportunities for the EU …
Persistent link: https://www.econbiz.de/10014403552
reform experiences and analyzes regulatory and supervisory frameworks in the European Union (EU), and assessments carried out …
Persistent link: https://www.econbiz.de/10014404360
The euro area recovered from the economic doldrums. Executive Directors welcomed the recovery, supported by strong financial conditions, global growth, and improved financial positions. They encouraged the reformed Stability and Growth Pact over fiscal policies, and underscored the need for...
Persistent link: https://www.econbiz.de/10014404458
. The increase in bilateral trade was accompanied by a large bilateral EU trade deficit. China’s market share seems to have … increased mainly at the expense of other East Asian countries. EU trade with China increased at more than twice the rate of … total EU external trade, and China became the EU’s second largest trading partner …
Persistent link: https://www.econbiz.de/10014404716
This Selected Issues paper on Euro Area Policies reviews the integration of Europe’s financial markets and the challenges faced by the new European Union member states with respect to euro adoption. Markets in the Financial Instruments Directive are expected to become applicable in November...
Persistent link: https://www.econbiz.de/10014404737
This Selected Issues paper for euro area policies analyzes the product market regulation and benefits of wage moderation. The paper identifies structural shifts in the relationship between wages and unemployment rates—a “wage curve” in 20 industrial countries. It reviews euro area and...
Persistent link: https://www.econbiz.de/10014404772
The staff report on Euro Area Policies highlights cyclical growth developments and risks. The area’s real GDP growth has picked up, responding to strong foreign demand and relaxed financial conditions. The final domestic demand growth remains subdued, and the area lags global growth by a large...
Persistent link: https://www.econbiz.de/10014406476
financial crisis, the need for special resolution regimes for financial institutions in the European Union (EU), and the … proposed new EU financial stability arrangements. The paper analyzes the European Central Bank’s response to the global … institutions in EU countries is also outlined …
Persistent link: https://www.econbiz.de/10014406671
This report describes the monetary and exchange rate policies of the euro area and the euro area stability programs. The Stability and Growth Pact presents annual stability programs (SPs), which outlines the medium-term fiscal objectives. The paper provides a preliminary review of the SPs,...
Persistent link: https://www.econbiz.de/10014406861