More capital and liquidity for the banks
Benoît Cœuré, a Member of the Executive Board of the European Central Bank, after taking care of banks’ recapitalisation needs last week using taxpayers money, embarked yesterday in a new adventure to...
View ArticleECB should offer more and cheaper liquidity if Eurozone is to avoid recession
The fact that monetary policy is the only common policy applied invariably in the 18 still widely diverging Eurozone economies, means that the European Central Bank is the unique euro area institution,...
View ArticleECB’s unconventional monetary measures give first tangible results
A strong statement was delivered last week by Mario Draghi, President of the European Central Bank. He ascertained that the monetary measures already taken unanimously by the central bank’s Governing...
View ArticleTrailing the US-EU economic confrontation
More than one economic pundit felt relieved learning that Eurostat, the EU statistical service last Friday estimated the September CPI inflation in Eurozone at 0.4%, the highest level in two years....
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