Το IMF για την Γερμανία
6. As the euro area’s largest economy, Germany can play a pivotal role in addressing the challenges posed by the crisis. Articulating more clearly the Economic and Monetary Union’s shared vision of an appropriate post-crisis architecture will help in restoring market confidence, in our view. The positive short-run benefits of the necessary implementation of ambitious structural reform agendas in several euro area countries should be complemented with pan-European measures. These could include using EU structural funds and increasing the lending capacity of the European Investment Bank. Moreover, reduction of imbalances in the euro area would be helped by the natural rebalancing of Germany’s economy. In this context, consistent with the mandate of the European Central Bank, disinflationary pressures incipient in the periphery economies, essential for their relative price realignment, could imply inflation in Germany that is somewhat higher than the euro area average.
Κάτι που δεν θα αρέσει καθόλου στην Μπούντεσμπανκ πραγματικά. Αλλά 'το ίδιο μέγεθος' -και στα επιτόκια -δεν ταιριάζει σε όλους και ο γερμανικός πληθωρισμός υπολογίζεται οτι θα είναι το πραγματικό πρόβλημα ,και το θέμα κλειδί για την Ευρώπη.κλικ για γράφημα
6. As the euro area’s largest economy, Germany can play a pivotal role in addressing the challenges posed by the crisis. Articulating more clearly the Economic and Monetary Union’s shared vision of an appropriate post-crisis architecture will help in restoring market confidence, in our view. The positive short-run benefits of the necessary implementation of ambitious structural reform agendas in several euro area countries should be complemented with pan-European measures. These could include using EU structural funds and increasing the lending capacity of the European Investment Bank. Moreover, reduction of imbalances in the euro area would be helped by the natural rebalancing of Germany’s economy. In this context, consistent with the mandate of the European Central Bank, disinflationary pressures incipient in the periphery economies, essential for their relative price realignment, could imply inflation in Germany that is somewhat higher than the euro area average.
Κάτι που δεν θα αρέσει καθόλου στην Μπούντεσμπανκ πραγματικά. Αλλά 'το ίδιο μέγεθος' -και στα επιτόκια -δεν ταιριάζει σε όλους και ο γερμανικός πληθωρισμός υπολογίζεται οτι θα είναι το πραγματικό πρόβλημα ,και το θέμα κλειδί για την Ευρώπη.κλικ για γράφημα
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