crisis have affected the conduct of monetary policy by the European Central Bank (ECB) within the Eurosystem, have led to the … Financial Supervision (ESFS) and the then of the Banking Union (BU), in some pillars of which the role of the ECB is significant … Union (including the new (2021) monetary policy strategy of the Eurosystem and its implementation amidst the ‘inflation …

Eurosystem (ES). We show that given the recent situation in the ES, and to the extent that a relatively big shock hits the … economy and fiscal policy remains active, there is no room left for further quasi-fiscal actions by the ECB; there will be …

combined with the theory of optimum currency areas. It shows how since the turn of the millennium a too expansionary monetary … in Germany, dependent on the national fiscal policy stances. It is argued that the ECB's ultra-loose monetary policy as a …

While the ECB helped mitigate the euro crisis in the aftermath of Lehman, it has stretched its monetary mandate and … moved into fiscal territory. This text describes and summarises the crucial role played by the ECB in the intervention …

(ECON) ahead of the Monetary Dialogue with the ECB President on 26 September 2022. …

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