Villieu, Patrick; Gregoriadis, Nelly; Semenescu, Florina - HAL - 2006
Central Bank (ECB) is to preserve price stability for the euro area as a whole, and the ECB pays most of its attention to … union-wide output and (principally) inflation, neglecting, at least on the level of principles, inflation and output … in particular that it is not necessarily a good thing that a common central bank worries about inflation divergences …