IMF calls on EU to free up labour markets

The International Monetary Fund on 3 August 2004 called for decisive leadership from the European Union to help free up labour markets and encourage longer working hours in the eurozone. In its latest report on the eurozone, it also urged the EU to 'name and shame' governments that stall on reforms, saying the eurozone's 'key structural challenge' was 'raising longer- term growth, in the first instance by strengthening the incentives to work'.

http://www.imf.org/external/np/tr/2004/tr040803.htm http://www.imf.org/external/np/tr/2004/tr040803.htm

http://www.imf.org/external/pubs/ft/scr/2004/cr04234.pdf http://www.imf.org/external/pubs/ft/scr/2004/cr04234.pdf

http://www.imf.org/external/pubs/ft/scr/2004/cr04235.pdf http://www.imf.org/external/pubs/ft/scr/2004/cr04235.pdf

http://www.imf.org/external/np/sec/pn/2004/pn0479.htm http://www.imf.org/external/np/sec/pn/2004/pn0479.htm

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