Blaszkiewicz-Schwartzman, Monika - 2015
The design of the euro area Quantitative Easing (QE) programme raises the question of whether insuficient liquidity in … defaulting central banks exiting the euro system, and existing members being unwilling to bear associated costs, and thus the … future of the euro area. However, estimations suggest that, at present, all national central banks should be able to bare …