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Statement by the Staff Representative on the Euro Area, July 24, 2015

Statement by the Staff Representative on the Euro Area, July 24, 2015 »

Source: Euro Area Policies : Staff Report for the 2015 Article IV Consultations with Member Countries

Volume/Issue: 2015/204

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 July 2015

ISBN: 9781513505121

Keywords: Article IV consultation reports, Economic recovery, Demand, Fiscal policy, Fiscal reforms, Banking sector, Bank supervision, European Central Bank, Economic indicators, Statistics

Context. The recovery is strengthening, underpinned by lower oil prices and the ECB'sexpanded asset purchase program. But the medium-term outlook remains weak, weighed down by the legacies of insuffici...