European Parliament Library

Czech Republic :, 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Czech Republic

The Czech Republic’s strong fundamentals helped to sustain economic growth with low unemployment and underpin strides toward convergence with EU-15. Executive Directors welcomed the euro accession strategy and the sustained implementation of the Maastricht criteria, which would provide a solid foundation for euro adoption. They commended the sound financial system and prudent monetary policies and supported policy tightening to counter rising inflation pressures. Directors highlighted the need to sustain fiscal consolidation, promote labor participation, and lower structural unemployment in alleviating fiscal adjustment
Table Of Contents
Cover; Executive Summary; Contents; I. Introduction; II. Background; III. Economic Outlook; IV. Policy Discussions; A. Ensuring Sustainable Public Finances; Boxes; 1. The Tax and Welfare Reform Package: Key Measures; B. Monetary Policy Conduct and Communication; C. Competitiveness and External Stability; 2. Is the Czech Koruna Funding Carry Trades?; D. Maintaining Financial Stability; V. Staff Appraisal; Figures; 1. Growth Developments, 2001-07; 2. Labor Market Indicators, 2000-07; 3. External Sector Developments, 2001-07; 4. Monetary Policy Indicators, 2003-07
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (58 p.)
Specific Material Designation
Form Of Item

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