Quarterly report on the euro area

Author: European Commission – Economic and Financial Affairs Directorate-General

Price Free Publisher European Commission – Economic and Financial Affairs Directorate-General Publication date 01 April 2011 ISBN ISSN: 1830-6403

Publication synopsis The April 2011 issue of the Quarterly Report focuses on the EU's economic policy response to the crisis since its outbreak in 2008, placing a particular emphasis on the comprehensive package of policy measures agreed by the European Council in March 2011. The Report also assesses the macroeconomic impact of higher capital requirements for banks under a move to Basel III regulations, finding that GDP would be lowered slightly over the medium term, but would also be less volatile.

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