While there is consensus as regards the magnitude and severity of the crisis, there are contrasting - even opposing views - with regard to the understanding of the causes of the crisis and the types of regulatory responses that can best tackle the imbalances that were at its root and to fix the...

As the euro area business cycle matures, will the interaction between monetary policy and supervisory policy become potentially controversial? How to avoid situations where controversy over the actions of one policy dents the credibility of the other and/or the institutions involved? And how to...

As the euro area business cycle matures, will the interaction between monetary policy and supervisory policy become potentially controversial? How to avoid situations where controversy over the actions of one policy dents the credibility of the other and/or the institutions involved? And how to...