Tag "European monetary policy"
Economics
Europe
ECB expansionary monetary policy at odds with Berlin
When Draghi began his tenure in 2011, Berlin was supportive in light of their informal influence over ECB. This relationship has since deteriorated sharply.
Europe
Finance
Negative interest rates threaten Europe’s financial stability
Negative interest rates erode the profitability of the banking sector and pose a threat to financial stability. In exchange, they offer an economic stimulus that is mild at best and
Economics
Europe
EU fiscal policy reflects broader tensions
The Eurogroup President’s proposal for an independent fiscal committee will not water down tensions between member states over fiscal policy. Over the past 6 years, Europe has been dealing with
