We have reviewed the financial rescue and economic recovery measures taken in the EU at the end of 2008 and during 2009. Many member states have undertaken recapitalization efforts and provided debt guarantees to help systemically important institutions and restore confidence in financial...

Does the general public know what central banks do? Is this kind of knowledge relevant? Using a survey of Dutch households, we investigate these questions for the case of the European Central Bank (ECB). Our findings suggest that knowledge on the ECB’s objectives is far from perfect. Both a...