Drudi, Francesco; Durré, Alain; Mongelli, Francesco Paolo - European Central Bank - 2012
both monetary policy and institutional arrangements at the euro area level. The purpose of this article is to outline the … features of each crisis phase, to describe the actions taken by the European Central Bank (ECB) during each phase and to … adjustments made at the EU level would have been necessary independently of the financial crisis. JEL Classification: D78, E52, E …