This paper discusses Sweden's Financial System Stability Assessment. Sweden recovered rapidly from the coronavirus disease 2019 crisis, and gross domestic product reached its pre-pandemic level in mid-2021. In the context of a robust supervision and regulation framework, the financial sector...

The Slovenian financial system has been hard hit by the crisis. Banks remained highly vulnerable to continued credit deterioration and refinancing risks. Strengthening of financial condition of banks should be the short-term priority. The financial restructuring should be followed by...

KEY ISSUES Context: The current account is worsening, coinciding with peak debt service, limited market access, and low reserves. Although the authorities have taken ad hoc measures to curb acute exchange rate pressures during the summer, a stronger policy response is urgently needed to reduce...

The Belgian financial system is relatively large, concentrated, and interconnected and has a high level of compliance with the Basel Core Principles (BCPs) for effective banking supervision. The National Bank of Belgium (NBB) deploys high-quality supervisory practices and has clear lines of...

This Selected Issues paper presents a comparison on public expenditure of Austria and other countries. In the past decade, Austria's government expenditure growth has been very steady, thus avoiding the boom-bust pattern of some other European countries. However, expenditure levels are...

This Report on Observance of Standards and Codes on Iceland summarizes the findings and recommendations of the assessment. This assessment of the current state of the implementation of the Basel Core Principles for Effective Banking Supervision in Iceland has been completed as a stand-alone...

This paper focuses on Austria's 2013 Article IV Consultation on economic development and policies related to labor demand and supply. Austria taxes labor heavily, and this practice explains in particular the limited labor supply of low-skilled workers and women. The IMF report highlights that...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country