An Introduction to the Law of Economic and Monetary Union

An Introduction to the Law of Economic and Monetary Union

Author: Alberto Saravalle

Publisher: Edward Elgar Publishing

Published: 2021-03-26

Total Pages: 232

ISBN-13: 1800883005

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This incisive book is an accessible guide to the laws and policies relating to economic and monetary union (EMU). Providing a rich, multidisciplinary analysis, it combines historical, legal and economic perspectives to offer a detailed understanding of how EMU has developed since its inception and how it works in practice today. This book will be a valuable reference for those teaching and studying advanced courses on EU law, as well as courses that cover the economic history of EU integration.


Germany

Germany

Author: International Monetary Fund. European Dept.

Publisher: International Monetary Fund

Published: 2024-07-18

Total Pages: 92

ISBN-13:

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The economy contracted in 2023 due to high energy prices and interest rates. Headline inflation has fallen sharply as end-user energy prices have stabilized, but core inflation remains somewhat stickier, driven by services. Falling inflation and tight labor markets have turned real wage growth positive. High interest rates have boosted bank profitability, but part of this increase is likely temporary. High interest rates have exposed vulnerabilities in banks’ financing of commercial real estate activity.