European Economy. Quarterly report on the euro area 2012.
Subject headingsEconomic and Financial Affairs
The beginning of this year has seen further advances in stemming the tide of the euro-area crisis and setting right the remaining weaknesses in the economic governance framework. To be sure, during the course of last year the euro area was already put on a more stable institutional footing. A far-reaching drive at the European level has ensured that the vulnerabilities and blind spots that first gave rise to the crisis are being corrected.
Number of pages42p.
DescriptionHighlights in this issue: –Focus: The surveillance of macroeconomic imbalances in the euro area –The contribution of taxes to fiscal consolidation in the euro area –Capital flows into vulnerable countries: official and private funding trends –The euro-area sovereign CDS market
Volume 11 No. 1