La gestión del Banco Central Europeo ante la crisis

  1. González Páramo, José Manuel
Revista:
Revista de economía mundial

ISSN: 1576-0162

Any de publicació: 2012

Número: 30

Pàgines: 83-102

Tipus: Article

Altres publicacions en: Revista de economía mundial

Resum

During the financial crisis the European Central Bank has lowered its official interest rates to historically low levels and has implemented a number of nonconventional measures. Such measures have proven effective to restore, to a large extent, the stability and soundness of the financial system and the economy. Nevertheless, the long-term prospects for sustainable growth and financial stability demand the urgent implementation of a number of farreaching reforms of the architecture of the Economic Monetary Union and of the financial system.

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