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This paper explores inflation determinants within the EU and implications for new members'' euro adoption plans. Factor …
Persistent link: https://www.econbiz.de/10014401399
This report describes the monetary and exchange rate policies of the euro area and the euro area stability programs … adjustment in the euro area as a whole and at the disaggregated level …
Persistent link: https://www.econbiz.de/10014406861
The three-month Eurepo interest rate, the euro component of the SDR interest rate basket, will be discontinued as of … representative interest rate instrument of the euro area in the SDR interest rate basket since 2006. However, faced with a … secondary market yield curve covering euro area government bonds rated either investment grade or AA and above. In staff's view …
Persistent link: https://www.econbiz.de/10014410559
The global financial safety net (GFSN) has become larger and more decentralized, creating a need for greater coordination. The expanded GFSN has created multiple sources of official financing for countries in need of support to address balance of payments shocks. Enhanced coordination among...
Persistent link: https://www.econbiz.de/10014408711
The euro area (EA) plays a major role in the global economy. Market perceptions of events in the EA program countries …
Persistent link: https://www.econbiz.de/10014398514
In this study, the risks related to the euro area sovereign debt crisis are analyzed. Methods used to implement the …
Persistent link: https://www.econbiz.de/10014398567
euro area periphery. Important progress has been made in designing an institutional framework to secure microeconomic and …
Persistent link: https://www.econbiz.de/10014398599
The economic conditions in the euro area have brightened. Executive Directors commended the policy stance of the … European Central Bank. They noted that the exchange rate developments of the euro failed to strengthen the euro area economy …
Persistent link: https://www.econbiz.de/10014401709
For the time being—and possibly for a considerable time to come—developments and prospects for the euro area are quite …—employment-friendly wage settlements point to sustained activity in the near term. Moreover, the macroeconomic fundamentals in the euro area …
Persistent link: https://www.econbiz.de/10014401965
This Selected Issues paper analyzes euro area policies and discusses the implications of the 2007–08 financial sector … turbulence for real economic activity. It examines the linkages between the financial and real sectors in the euro area. The …
Persistent link: https://www.econbiz.de/10014402543