IMF Staff Country Reports

Euro Area Policies: 2025 Annual Consultation-Press Release; Staff Report; and Statement by the Executive Director for Member Countries

July 11, 2025

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Format: Chicago

International Monetary Fund. European Dept. "Euro Area Policies: 2025 Annual Consultation-Press Release; Staff Report; and Statement by the Executive Director for Member Countries", IMF Staff Country Reports 2025, 174 (2025), accessed July 12, 2025, https://doi.org/10.5089/9798229016582.002

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Summary

Despite recurring shocks, Europe’s economy remains resilient with record-low unemployment, declining inflation, and a stable financial system. However, policymakers face mounting challenges, including trade tensions, rising demand for defense spending, and the need to ensure energy security, all while addressing longstanding productivity challenges, rapid aging, and weak medium-term growth.

Subject: Defense spending, Expenditure, Financial sector policy and analysis, Financial sector stability, Inflation, Prices, Tariffs, Taxes

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Defense spending, Financial sector stability, Inflation, Tariffs

Publication Details

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