THE MANAGEMENT OF THE CRISIS BY THE EUROPEAN CENTRAL BANK

被引:0
|
作者
Manuel Gonzalez-Paramo, Jose
机构
来源
关键词
ECB; Financial Crisis; Monetary Policy; Reforms;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
During the financial crisis the European Central Bank has lowered its official interest rates to historically low levels and has implemented a number of non-conventional measures. Such measures have proven effective to restore, to a large extent, the stability and soundness of the financial system and the economy. Nevertheless, the long-term prospects for sustainable growth and financial stability demand the urgent implementation of a number of far-reaching reforms of the architecture of the Economic Monetary Union and of the financial system.
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页码:83 / 102
页数:20
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