OECD Economic Surveys: European Union and Euro Area 2023
| Author | : OECD |
| Publisher | : OECD Publishing |
| Total Pages | : 144 |
| Release | : 2023-09-21 |
| ISBN-10 | : 9789264422414 |
| ISBN-13 | : 9264422412 |
| Rating | : 4/5 (412 Downloads) |
Book Synopsis OECD Economic Surveys: European Union and Euro Area 2023 by : OECD
Download or read book OECD Economic Surveys: European Union and Euro Area 2023 written by OECD and published by OECD Publishing. This book was released on 2023-09-21 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European recovery has been disrupted since the onset of Russia’s war of aggression against Ukraine. Co-ordinated and timely policy action helped avoid a severe downturn, but the near-term outlook is clouded by uncertainty and downside risks. Monetary and fiscal policy need to become sufficiently restrictive to reduce underlying inflationary pressures durably.