IDR Macroeconomic imbalances – Italy 2014

Author (Corporate)
Series Title
Series Details No. 182, March 2014
Publication Date March 2014
ISBN 978-92-79-36159-3
ISSN 1725-3195
EC KC-AH-14-182-EN-N
Content Type

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.

Source Link http://dx.publications.europa.eu/10.2765/74111
Related Links
European Commission: DG Economic and Financial Affairs: European Economy: Occasional Paper No. 182, March 2014: IDR Macroeconomic imbalances - Italy 2014 http://ec.europa.eu/economy_finance/publications/occasional_paper/2014/op182_en.htm

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