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IDR Macroeconomic imbalances - Spain 2014

Author(s): European Commission

IDR Macroeconomic imbalances - Spain 2014pdf(2 MB) Choose translations of the previous link 

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IDR Macroeconomic imbalances - Spain 2014pdf(896 kB) - ES

Summary for non-specialistspdf(73 kB) Choose translations of the previous link  

On 13 November 2013, the European Commission presented its third Alert Mechanism Report (AMR) in accordance with the Regulation (EU) No. 1176/2011 on the prevention and correction of macroeconomic imbalances. The AMR serves as an initial screening device to identify Member States that warrant further in depth analysis into whether imbalances exist or risk emerging. According to Article 5 of Regulation No. 1176/2011, these country-specific “in-depth reviews” should examine the nature, origin and severity of macroeconomic developments in the Member State concerned, which constitute, or could lead to, imbalances. On the basis of this analysis, presented on 5 March 2014, the Commission will conclude whether it considers that an imbalance exists or not, and if so whether it is excessive or not, and what type of follow-up it will recommend to the Council to address to the Member State.

(European Economy. Occasional Papers 176. March 2014. Brussels. PDF. 92pp. Tab. Graph. Ann. Bibliogr. Free.)

KC-AH-14-176-EN-N (online)
ISBN 978-92-79-35354-3 (online)
doi: 10.2765/72378 (online)

JEL classification: E61, E62, E66, F16, F32, F34, G1, G2, H1, H2, H5, H6, H7, H8

Occasional Papers are written by the staff of the Directorate-General for Economic and Financial Affairs, or by experts working in association with them. The Papers are intended to increase awareness of the technical work being done by staff and cover a wide spectrum of subjects. Views expressed in unofficial documents do not necessarily reflect the official views of the European Commission.

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