Breuss, Fritz - In: WIFO Monatsberichte (monthly reports) 75 (2002) 9, pp. 581-607
-01, global recession in 2001-02), the ECB was successful in shaping its monetary policy. EMU has not only revolutionised monetary … competences clearly allocated (ECB exclusively in charge of monetary policy and EU member states in charge of economic policy … in 1997 (prior to EMU entry) only three of the 15 EU member states (Denmark, Ireland and Luxembourg) boasted of a budget …