Quarterly report on the euro area
Quarterly Report on the Euro Area. December 2003(520 kB)
(Quarterly report on the euro area. 04. December 2003.
Brussels. 34pp. )
The fourth issue in 2003 discusses recent economic developments in the euro area, analysing in particular business cycle linkages between the euro area and the USA. The focus section of the report analyses the causes of the slowdown of productivity growth in the euro area and identifies areas for policy action.