In the left‐hand chart, figures in parentheses are the difference from the June 2020 projections. 2. In the right‐hand chart, figures are those for real imports. The figure for 2020/Q3 is that for July. Sources: IMF; CPB Netherlands Bureau for Economic Policy Analysis, etc.
The June 2012 summit was so important because in times of great uncertainty it provided a clear vision of what is necessary for a stable and genuine economic and monetary union. Much of it is being implemented.