The Euro system maintains a high level of transparency in all aspects of operations, demonstrating a strong … development of financial markets proceed in a uniform basis. Executive Directors suggests that the European Central Bank (ECB …

pragmatic question in this context is: Did delegating monetary policy to the ECB increase stress in the individual euro area … countries? An SVAR analysis reveals that monetary stress has declined more in the euro area than in the euro areas’ doppelganger … euro becoming a dominant currency. …

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 …