Economic Policy: Monetary Policy and Outlook

November 2011
Germany Country Monitor;Nov2011, p15
Country Report
The article presents an outlook on the economic policy in the Eurozone in 2012. It states that Eurozone might be sliding to modest recession due to tighter fiscal policy, sovereign debt crisis, and export activity. It forecasts that the European Central Bank (ECB) will cut the euro interest-rate to 1.00% in 2012 to early months of 2013. It adds that the fear on tight lending policies impede the economic activity in Eurozone.


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