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2009 OECD Economic Surveys: Euro Area 2009

image of OECD Economic Surveys: Euro Area 2009

This edition of OECD's periodic survey of the Euro Area economy finds a slowing economy, receding inflationary pressures and financial market turmoil  The survey focuses of key challenges being faced including financial market stability, fiscal policy, and financial integration, innovation and the monetary policy transmission mechanism. An annex looks at wealth effects on household consumption.

English Also available in: French

Graph 3.5 - Loan loss provisioning tends to have pro-cyclical effects

Average for eight euro area countries, per cent

Loan loss provisioning tends to have pro-cyclical effects appears in OECD Economic Surveys: Euro Area.

English Also available in: French

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