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Economy and Finance

Quarterly Report on the Euro Area (QREA), Vol. 15, No. 3 (2016)


Institutional Paper 46
Publication date
19 December 2016
Directorate-General for Economic and Financial Affairs


In this edition of the QREA, European Commission staff look at the monetary and fiscal policy mix in the euro area and the challenges policymakers face in the current environment. Ways to strengthen the resilience of euro area Member States are also explored and in another chapter, concerns about market liquidity are investigated.

Information and Identifiers

Institutional Papers 46. December 2016. Brussels. PDF. 44pp. Tab. Graph. Free.

KC-BC-16-046-EN-N (online)
ISBN 978-92-79-54367-8 (online)
ISSN 2443-8014 (online)
doi: 10.2765/04468 (online)

JEL classification: A10, C10, C54, E00, E44, E52, E61, E62, E63, F15, F45, P11


European Economy Institutional Papers are important reports analysing the economic situation and economic developments prepared by the European Commission's Directorate-General for Economic and Financial Affairs, which serve to underpin economic policy-making by the European Commission, the Council of the European Union and the European Parliament. Views expressed in unofficial documents do not necessarily represent the views of the European Commission.

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Quarterly Report on the Euro Area (QREA), Vol. 15, No. 3 (2016)
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How to make the Economic and Monetary Union more resilient?
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The policy mix, when monetary policy is constrained at the zero lower bound
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Market liquidity: a cause for concern?