OECD recoveries compared
First year decline in GDP in euro-only adverse shock
Business sentiment is weak in many economies
Financial constraints on euro area business activity are elevated
Consumer confidence is soft
House price-to-rent ratios differ considerably across countries
Non-oil commodity price developments have diverged
Aggregate financial conditions have improved
The degree of stock market rebound differs
The cost of credit among euro area countries has diverged
Inflation pressures are likely to remain moderate
Actual and predicted changes in unemployment rates
Considerable labour market slack is set to persist
Little further progress in reducing global imbalances is foreseen
GDP growth and estimated stall speeds
Current account balances in euro area countries under financial market pressure
Euro area unit labour costs are adjusting
Export market performance is improving in some countries
The euro area banking system: Core Tier-1 capital additions required to reach 5% of total assets in each large bank
GDP growth in the baseline and a downside scenario
Expenditure versus revenue-based consolidation plans¹
Impact of 3% consolidation on income inequality
The global recovery will gain momentum only slowly
The estimated direct impact of exports to the euro area on GDP growth
Housing market developments remain mixed
OECD labour market conditions are diverging
World trade will strengthen only gradually
A stylised euro area downside scenario: macroeconomic model simulation results
Fiscal positions will improve only slowly