the sovereign debt crisis period which show that the ECB has held the interest rate low for most of the countries during …

This article compares today's euro-zone debt crisis, in terms of economic diplomacy, with the earlier crisis in Latin … total failure to reconcile tensions in the euro-zone crisis. Growing imbalances between debtors and creditors led to serious … loss of confidence. Early mistakes over Greece fed contagion throughout the euro-zone. No institution acted as neutral …

the Eurozone. Specifically, the tightening of fiscal rules is not adequate, the reform does not constitute a step forward … adjustment and there is no re-definition of the role that the ECB should play in a debt crisis such as the current one. …

Policy impact studies often suffer from endogeneity problems. Consider the case of the ECB Securities Markets Programme … been ineffective, or worse counterproductive. We use high frequency data on purchases of the ECB Securities Markets …

the ECB's objective. On the other hand, there is the risk that this situation will lead to a slide into deflation. In view … of the ECB's historically low policy rates, the question arises as to which monetary policy options are available. In … order to counteract possible deflation, primarily unconventional measures remain open to the ECB, such as outright purchases …

the ECB's objective. On the other hand, there is the risk that this situation will lead to a slide into deflation. In view … of the ECB's historically low policy rates, the question arises as to which monetary policy options are available. In … order to counteract possible deflation, primarily unconventional measures remain open to the ECB, such as outright purchases …