IMF's Europe plan: Green investment and market integration prioritised
The International Monetary Fund (IMF) has released its 2024 Concluding Statements on Common Policies for Member Countries, highlighting both the progress and the persistent challenges facing the euro area economy. Following the disruptions caused by the pandemic, Russia’s gas supply stoppage, and the ongoing war in Ukraine, the region is gradually recovering. Inflation rates are moving towards target levels, and banks have demonstrated resilience amid rising interest rates. Nonetheless, significant challenges persist, such as reduced fiscal buffers, an ageing population, and sluggish productiv...