The European Central Bank (ECB) took many measures to combat the eurozone's rolling financial crisis. For providing … desperately scarce dollars to eurozone banks, the ECB relied on the U.S. Federal Reserve. Using a novel econometric framework, we … October 2009 and September 2012, the most intense phase of the eurozone crisis. Dollar liquidity clearly reduced stress in …

to identify over 25,000 news on the Eurozone and country-specific economic topics. Our findings emphasize the relevance …

order to fight the fragmentation of the financial market and the risk of deflation in the Eurozone. Some authors argue that …

periphery of the Eurozone. Given the large degree of heterogeneity between euro area countries, the conclusion here is that an …

sparked an unprecedented sovereign debt crisis that rapidly spread to the Euro-Zone's weakest member states. As the crisis … increasingly drove a wedge between a seemingly resilient Euro-Zone core and its faltering periphery, its first collateral victims … were the private banks of the hardest-hit sovereigns. They were rapidly followed by the rest of the Euro-Zone's banks as a …