IMF Survey, Volume 31, Issue 05

Author: International Monetary Fund. External Relations Dept.

Almost two months after the successful launch of euro notes and coins in the 12-member euro area, IMF First Deputy Managing Director Anne Krueger says Europe now needs to tackle outstanding economic reforms more forcefully to ensure that monetary union delivers on its promise. Speaking at the Royal Institute of International Affairs in London on February 25, she refrained from commenting on the pros and cons of U.K. entry into the euro area but observed that a "strong and prosperous European economy is essential to a strong and prosperous world economy." Edited excerpts from Krueger s speech follow. The full text can be found on the IMFs website (www.imf.org.)

Volume/Issue: Volume 0031 Issue 005

Publication date: January 2002

ISBN: 9781451935196

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Topics covered in this book

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Business and Economics , Banks and Banking , Exports and Imports , Economics- Macroeconomics , SV , IMF team , IMF Concludes , IMF staff country report , IMF's website , IMF publication service , IMF staff country , IMF managing director name , Housing , Income , Income inequality , Mortgages , Income distribution , Asia and Pacific , Global , Europe , Middle East , East Asia

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Summary

Almost two months after the successful launch of euro notes and coins in the 12-member euro area, IMF First Deputy Managing Director Anne Krueger says Europe now needs to tackle outstanding economic reforms more forcefully to ensure that monetary union delivers on its promise. Speaking at the Royal Institute of International Affairs in London on February 25, she refrained from commenting on the pros and cons of U.K. entry into the euro area but observed that a “strong and prosperous European economy is essential to a strong and prosperous world economy.” Edited excerpts from Krueger s speech follow. The full text can be found on the IMFs website (www.imf.org.)