Assessment and recommendations
I. Recent trends and prospects
-The economy is approaching capacity limits
-... as business investment strengthens
-... personal demand expands...
-... and public spending increases
-As a result, the labour market is tightening, and wages are accelerating
-... but price inflation remains subdued
-The current account deficit has widened as imports surged...
-... and the mix of fish exports became unfavourable...
-... though the stock of cod is recovering
-Short-term outlook
-Medium-term prospects
II. Macroeconomic policies
-Monetary management
-The fiscal stance
III. Deregulation of the financial sector
-Reforming financial markets
-Reforming financial institutions
-Scope for further action
IV. Other structural policy developments
-Labour market
-Competition policy and deregulation
-Privatisation
-Modernisation of the public sector
-Other structural initiatives
-Concluding remarks 
Bibliography
Annex
-Calendar of main economic events
Statistical annex and structural indicators