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euro area and for supervising all euro area banks in order to ensure their safety and soundness, some directly and some …
Persistent link: https://www.econbiz.de/10012132851
Structural policies in the euro area are of great interest for the Eurosystem, particularly as they can support the … broad definition of structural policies, analysing not only the benefits of efficient labour, product and financial market … opportunities for enhanced structural policies in EU and euro area countries which can yield substantial gains by boosting long …
Persistent link: https://www.econbiz.de/10011865839
Persistent link: https://www.econbiz.de/10010480636
A key element of the European reform agenda is to simplify the EU fiscal governance framework by moving towards a single debt anchor and a single operational indicator as the basis for formulating fiscal targets and assessing compliance. This paper puts forward an in-depth analysis of two...
Persistent link: https://www.econbiz.de/10012800643
Due to the international dimension of the financial sector within the EU and beyond, domestically oriented macroprudential policies have the potential to create material cross-border spillover effects. This occasional paper provides a detailed overview of the academic and empirical literature on...
Persistent link: https://www.econbiz.de/10012254361
first is the global financial crisis in 2008-09, and the second is the euro area sovereign debt crisis in 2010-12. Both … sequence of financial reforms has improved the sector's ability to deal with major macro-financial shocks at the EU/euro area …
Persistent link: https://www.econbiz.de/10013368565