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Despite past criticisms, the European Central Bank has prevented a meltdown of EU banks and helped to stave off a global depression.

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image for OpenScout resource :: Despite past criticisms, the European Central Bank has
prevented a meltdown of EU banks and helped to stave off a
global depression.

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With the leadership of the European Central Bank set to change hands in November, Stefan Collignon assesses the bank’s performance under the outgoing president Jean- Claude Trichet, and finds that ECB under his leadership prevented meltdown of the European banking system and averted a global depression.

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en

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application/pdf

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http://eprints.lse.ac.uk/39425/1/blogs_lse_ac_uk-Despite_past_criticisms_the_European_Central_Bank_has_prevented_a_meltdown_of_EU_banks_and_helped_to_.pdf

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