The ECB's one size monetary policy is unlikely to fit all euro area members, which raises a discussion about how much … ECB interest rates and Taylor-rule implied optimal rates at the member state level. Optimal rates explicitly take into …

The ECB has announced that when government and corporate bonds come to maturity in the context of its QE-program, new … opportunities" for the ECB. It could replace the old bonds with new "environmental bonds", i. e. bonds that have been issued to … finance environmental projects. In doing so, the ECB would not create new money. Given the existential nature of the …