The economic situation of the European Union and the outlook for 2001-2002
Catherine Mathieu ()
No ECON 126 EN, Sciences Po publications from Sciences Po
Prospects for the European Union and the Euro Area look sound, but there is a risk of a significant slowdown in the US. Central banks in the European Union should stand ready to offset any deflationary impacts from abroad. The appreciation of the euro and lower oil prices should help moderate prospective inflation in the Euro Area.
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