Cassola, Nuno; Kok Sørensen, Christoffer; Mongelli, … - 2019
trust in the banking system. The ECB is today responsible for setting a single monetary policy applicable throughout the … primary objective of pursuing price stability remains unchanged. What are the working arrangements of this enlarged ECB, and … organisational implications of the “new” ECB, we show the relative degrees of centralisation and decentralisation that exist in …