Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

July 11, 2019

Electronic Access:

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Summary:

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.

Series:

Country Report No. 19/219