Publication
11 Jul 2012
This brief argues that the actions taken by the European Central Bank (ECB) in response to the euro crisis have not always been the most effective, consistent and transparent. In order to understand and assess the reactions to the crisis, it is crucial to distinguish the first phase of the global financial crisis (2007-09) which was similar on both sides of the Atlantic, from the second phase that erupted in Europe and is unique to the eurozone.
Download |
English (PDF, 12 pages, 1.0 MB) |
---|---|
Author | Daniel Gros, Cinzia Alcidi, Alessandro Giovanni |
Series | CEPS Policy Briefs |
Issue | 276 |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2012 Centre for European Policy Studies (CEPS) |