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A Recovery Short of Europe’s Full Potential
October 2024

Europe’s economy is recovering, benefiting from a strong crises’ response. Yet, the recovery is falling short of its full potential. Uncertainty about persistent core inflation, policy directions, and geopolitical conflicts, is dampening the near-term outlook. In the longer term, perennially weak productivity growth—a result of limited scale and business dynamism–-amid new headwinds from fragmentation and climate change are holding back growth potential.

IMF Blogs - Europe

How Europe Can Make Carbon Pricing Policies Less Regressive (September 26, 2024)

Euro Area Reports

IMF Executive Board Concludes 2024 Consultation with Euro Area

Euro Area Policies: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Euro Area; IMF Country Report No. 23/264 (July 19, 2023)

A Bottom-Up Reduced Form Phillips Curve for the Euro Area (December 16, 2022)

U.S. and Euro Area Monetary and Fiscal Interactions During the Pandemic: A Structural Analysis (November 11, 2022) 

Biases in Survey Inflation Expectations: Evidence from the Euro Area (September 30, 2022)

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