April 19 (Reuters) - a Soft Landing of Easing Inflation With "Moderate Economic Cost" Is Within Reach for European Economies but Is Far From Assured, With the Recovery so Far Showing Itself to Be Tentative in Most Economies Across the Region, the International Monetary Fund Said on Friday in a Report Detailing Europe's Outlook.
4月19日（路透社）— 国际货币基金组织周五在一份详细介绍欧洲前景的报告中表示，以 “适度的经济成本” 缓解通货膨胀的软着陆对于欧洲经济体来说是可以实现的，但远未得到保证，迄今为止，该地区大多数经济体的复苏仍处于初步阶段。
on the Heels of Another Downgrade to the Near-Term Growth Outlook for the Continent's Core Euro Area Economies, the IMF Said the Feeble Recovery Reflects Weaker Consumer Sentiment, the Lagged Effect of Higher Energy Prices and Softness in Interest-Rate Sensitive Manufacturing and Business Investment.
继欧洲大陆核心欧元区经济体的短期增长前景再次下调之后，国际货币基金组织表示，疲软的复苏反映了消费者信心疲软、能源价格上涨的滞后效应以及对利率敏感的制造业和商业投资疲软。
That Said, "Europe Has Done Remarkably Well Against a Turbulent Backdrop," Including a War Between Russia and Ukraine on Its Eastern Frontier, IMF European Department Director Alfred Kammer Said in Remarks Prepared for a Press Briefing on the Region.
尽管如此，国际货币基金组织欧洲部董事阿尔弗雷德·卡默在为该地区新闻发布会准备的讲话中说：“欧洲在动荡的背景下表现非常出色”，包括俄罗斯和乌克兰在东部边境的战争。
"After Years of Crises and Their Fallouts, a Soft Landing for the Continent’s Economies Is Within Reach," Kammer Said. "to Be Sure, Within Reach Does Not Mean It Is a Done Deal. a Number of Things Need to Go Right in the Coming Months."
卡默说：“经过多年的危机及其影响，欧洲大陆经济的软着陆触手可及。”“可以肯定的是，触手可及并不意味着交易已经完成。在接下来的几个月中，许多事情需要顺利进行。”
Among the Things Needing to Go Right Is Calibrating the Appropriate Monetary Policy Across a Diverse Region, Where Inflation Has Behaved Unevenly.
需要正确处理的事情之一是在通货膨胀表现不均衡的不同地区调整适当的货币政策。
in Advanced European Economies, Central Banks Poised to Begin Cutting Interest Rates Need to Match That Policy Easing With "Unfolding Conditions - Loosening Neither Too Fast nor Too Slowly," Kammer Said. for the Rest of Europe, Meanwhile, Rates Will Need to Remain Higher for Longer to Assure Inflation Is Fully Contained.
卡默说，在发达的欧洲经济体，准备开始降息的中央银行需要将宽松政策与 “正在出现的条件——放松速度既不太快也不要太慢” 相匹配。同时，对于欧洲其他国家，利率需要在更长的时间内保持较高水平，以确保通货膨胀得到充分控制。
the Region's Fiscal Adjustments Must Also Pick up Pace.
该地区的财政调整也必须加快步伐。
Looking Further Out, Measures to Raise the Region's Growth Potential Should Be Pursued to Combat the "Formidable Headwinds" of Declining Productivity Growth, an Aging Population and Underinvesment.
再往前看，应采取措施提高该地区的增长潜力，以应对生产率增长下降、人口老龄化和投资不足的 “巨大不利因素”。
Efforts to Deepen the European Single Market Should Begin Sooner Than Later, and Officials Should Avoid the Temptation to Respond to Competitive Threats Through Subsidies, Kammer Said. "Trying to Fix Competitiveness Problems by Engaging in a Subsidy Race With Trading Partners Will Do Europe More Harm Than Good."
卡默说，深化欧洲单一市场的努力应尽早开始，官员们应避免通过补贴来应对竞争威胁的诱惑。“试图通过与贸易伙伴进行补贴竞赛来解决竞争力问题对欧洲的弊大于利。”
(Reporting by Dan Burns; Editing by Andrea Ricci)
（丹·伯恩斯报道；安德里亚·里奇编辑）