Luxembourg: Staff Report for the 2012 Article IV Consultation
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This 2012 Article IV Consultation highlights that economic growth in Luxembourg slowed in 2011 amid the euro area sovereign debt crisis. Reflecting sluggish external demand, economic activity is expected to further weaken, with growth projected to decline to ½ percent in 2012. Executive Directors have welcomed the continued stability of Luxembourg’s economy despite the turbulence in the euro area. They have commended the authorities on measures taken to strengthen the financial sector and to implement recommendations from the Financial Stability Assessment Program update.
Series:
Country Report No. 2012/160
Subject:
Banking Financial crises Financial regulation and supervision Financial sector Labor Labor markets Public debt
English
Publication Date:
July 3, 2012
ISBN/ISSN:
9781475504835/1934-7685
Stock No:
1LUXEA2012001
Pages:
69
Please address any questions about this title to publications@imf.org