The supranational monetary union in Europe has neither comparable mobility and flexibility nor compensatory mechanisms in the area of public finance. This, too, reveals, the particular conditions of monetary union in Europe. In the European monetary union asymmetrical effects will probably tend to lead more quickly to a need for real adjustment in the countries or regions concerned. VII.
Output in the region is on track to grow by about 6.0 per cent a year between 2022 and 2030, faster than the 2010s’ annual average of 5.5 per cent and only moderately slower than growth in the 2000s.