Herzog-Stein, Alexander; Hohlfeld, Peter; Horn, Gustav A.; … - 2013
ECB's inflation target in both years, reaching 1.5 % in 2013 and 1.4 % in 2014. The euro area crisis is far from over. The … economic situation is fragile and calls for decisive policy steps towards restoring growth, not least by rendering monetary … policy in the crisis countries effective once again, so that the expansionary impulses are felt in those economies that need …