In early 2013 rumors about the Euro-appreciation gained momentum, which may lead to decreases in exports and increases … in imports of the member states. Therefore, we investigate the impact of changes in the nominal Euro exchange rate vis …-à-vis major currencies on export and import performance of nine different Euro-area-countries. To disentangle the "true …

We study the impact of the ECB's large scale asset purchase programme on selected euro area and neighbouring countries … longerterm bond yields in the euro area as well as in neighbouring countries. As a consequence of the fixed exchange rate regime …

) in the fall of 2000 to support the external stability of the euro. To this end, in a first step different channels …