working as lender of last resort for the euro area member States; indeed, only when the ECB took this responsibility by … Union to survive, rather than to disparities in the level of competitiveness among countries of the Eurozone. This crisis of …

that the ECB may well stand out positively when compared to other important euro-area or national authorities involved in … shifting the emphasis toward fiscal policy; specifically, by partnering the ECB with a "Euro Treasury" that would serve as a …This study assesses the European Central Bank’s (ECB) crisis management performance and potential for crisis resolution …