Ferdinando Giugliano, (2019), “The Real Crisis Risk at the ECB”, Bloomberg Opinion, 24 Aπριλίου
The euro zone has only recently recovered from a double-dip recession, but there are already questions about how prepared it would be for a new crisis. All eyes are on the European Central Bank, which has been the strongest line of defense against an economic slowdown. While pessimists worry that the ECB has few tools left if it needs to revive growth — given the region’s already rock-bottom interest rates — such concerns are overdone.
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