Eurozone crisis and ECB far

Nice paper reviewing all that has happened and the policies so far.

This article outlines the features of each phase of the crisis, describes the responses of the ECB, and explains the rationale for the main measures. Emphasising the natural correlation between financial, fiscal and price stability, the article also illustrates the need to strengthen the economic union in order to guarantee the sustainability of the monetary union.

In a simple and lucid manner..

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