Luxembourg : 2011 Article IV consultation : staff report, informational annex, public information notice on the Executive Board discussion, and statement by the Executive Director for Luxembourg /

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2011.
Description:1 online resource (49 pages).
Language:English
Series:IMF country report ; no. 11/108
IMF country report ; no. 11/108.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12499348
Hidden Bibliographic Details
Varying Form of Title:Luxembourg, 2011 Article IV consultation
Other authors / contributors:International Monetary Fund.
ISBN:1283552086
9781283552080
9781462380893
1462380891
1455285633
9781455285631
ISSN:2227-8907
Notes:Online resource; title from PDF title page (IMF Web site, viewed August 19, 2011).
Summary:An externally driven economic recovery has continued gathering strength in 2010 in Luxembourg. Executive Directors welcomed this development and the authorities' supportive fiscal policy in 2010 as well as their role in stabilizing the financial sector. According to the Financial Sector Assessment Program (FSAP), banks remain exposed to liquidity and credit risks related to intragroup exposures and sovereign bond holdings. Directors welcomed the FSAP update and the authorities' intention to strengthen the regulatory and supervisory frameworks. Directors suggested to revamp the deposit guarante.
Other form:Print Version: 9781455285631
Standard no.:10.5089/9781455285631.002

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