TY  - BOOK
ED  - International Monetary Fund.
TI  - Euro Area Policies: 2016 Aticle IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Euro Area
T2  - IMF Staff Country Reports
SN  - 1498353290 :
SN  - 1934-7685
PY  - 2016///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Banking systems
KW  - imf
KW  - Economic growth
KW  - Economic recovery
KW  - Fiscal policy
KW  - Fiscal reforms
N2  - This 2016 Article IV Consultation highlights that the recovery in euro area has strengthened recently. Lower oil prices, a broadly neutral fiscal stance, and accommodative monetary policy are supporting domestic demand. However, inflation and inflation expectations remain very low, below the European Central Bank's medium-term price stability objective. Euro area GDP growth is expected to decelerate from 1.6 percent in 2016 to 1.4 percent in 2017, mainly owing to the negative impact of the U.K. referendum outcome. Growth five years ahead is expected to be about 1.5 percent, with headline inflation reaching only 1.7 percent
UR  - http://elibrary.imf.org/view/IMF002/23526-9781498353298/23526-9781498353298/23526-9781498353298.xml
UR  - http://www.imfbookstore.org/IMFORG/9781498353298
ER  -