some countries registered a decisive inflow of the central bank liquidity and others showed an outflow. The dynamics in the … Union to survive, rather than to disparities in the level of competitiveness among countries of the Eurozone. This crisis of …

amount of excess liquidity in the euro area banking sector which is the prerequisite for the emergence of TARGET2 balances. …

The paper reports the outcome of the stress-testing of liquidity risk in the TARGET2 payment system, with the study … resilience of the system, defined as the network of its participants, and the appropriateness of liquidity levels under tightened … liquidity conditions. The scenarios analysed are based on extreme shocks to the value of collateral of different levels and …

This paper examines German and foreign bank factors that can explain cross-border central bank liquidity flows between … central bank liquidity from abroad than a German bank with fewer existing central bank claims. However, higher overall … liquidity of a German credit institution corresponds to additional net inflows. Foreign bank factors only matter for central …

, financial, and political arenas. Apart from the eurozone crisis and global monetary policy issues, for nearly two years all else … struggling to escape liquidity quicksands and stubbornly low or negative growth and employment trends. At the center of the … divergence and political and social discord across member-states. Given the scale and scope of the eurozone crisis, policy and …

discusses the role of the ECB in the provision of emergency liquidity assistance (ELA) to solvent credit institutions in the …

, financial, and political arenas. Apart from the eurozone crisis and global monetary policy issues, for nearly two years all else … struggling to escape liquidity quicksands and stubbornly low or negative growth and employment trends.At the center of the … divergence and political and social discord across member-states.Given the scale and scope of the eurozone crisis, policy and …