IMF Europe Office in Paris and Brussels News Archive

September 16, 2020

EU Climate Mitigation Policy  

July 15, 2020

IMF Managing Director Kristalina Georgieva Appoints Alfred Kammer as Director of the European Department  

Press Release

July 12, 2020

Toward a More Resilient Europe  

IMF Blog

April 15, 2020

Transcript of April 2020 European Department Press Briefing  

March 30, 2020

Europe’s COVID-19 Crisis and the Fund’s Response  

COVID-19 has struck Europe with stunning ferocity. While we do not know how long the crisis will last, we know that the economic impact will be severe. In Europe’s major economies, nonessential services closed by government decree account for about one-third of output. This means that each month these sectors remain closed translates into a 3 percent drop in annual GDP, and that’s before other disruptions and spillovers to the rest of the economy are taken into account. A deep European recession this year is a foregone conclusion.

March 30, 2020

Europe’s COVID-19 Crisis and the Fund’s Response  

IMF Blog

November 11, 2019

Europe’s Wage-Price Puzzle  

IMF Blog

November 7, 2019

The Threat of Inequality of Opportunity  

IMF Blog

November 6, 2019

Regional Economic Outlook: Europe  

Economic activity in Europe has slowed on the back of weakness in trade and manufacturing. For most of the region, the slowdown remains externally driven. However, some signs of softer domestic demand have started to appear, especially in investment. Services and domestic consumption have been buoyant so far, but their resilience is tightly linked to labor market conditions, which, despite some easing, remain robust. Expansionary fiscal policy in many countries and looser financial conditions have also supported domestic demand.

July 11, 2019

Euro Area Policies - 2019 Article IV Consultation  

After a sharp slowdown starting in 2018, euro area growth is expected to recover over the course of 2019. However, mounting downside risks from global trade tensions, a no-deal Brexit, and market concerns about countries with high public debt emphasize the precarious nature of the forecast. Even in the absence of a major shock, there is a danger that the area could enter a prolonged period of anemic growth and inflation. Policies should focus on supporting growth while also reducing vulnerabilities.