Germany: Staff Report for the 2012 Article IV Consultation
Electronic Access:
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Summary:
This 2012 Article IV Consultation reports that the German economy’s performance has been remarkable despite facing considerable headwinds. Several conditions are now in place in Germany for a domestic demand-led recovery. Employment creation has been robust and unemployment at 5.3 percent is at a postreunification low. Executive Directors have commended Germany’s strong macroeconomic management, which has resulted in a favorable economic performance despite the uncertain external environment. Directors have underscored Germany’s pivotal role in reducing euro area and global imbalances.
Series:
Country Report No. 2012/161
Subject:
Banking Commercial banks Cooperative banks Financial institutions Financial sector policy and analysis Financial sector stability Labor Labor markets Loans
English
Publication Date:
July 3, 2012
ISBN/ISSN:
9781475506082/1934-7685
Stock No:
1DEUEA2012001
Pages:
64
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