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Euro Area Policies: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper discusses the effectiveness of monetary policy in the euro area in the context of the financial crisis, the need for special resolution regimes for financial institutions in the European Union (EU), and the proposed new EU financial stability arrangements. The paper analyzes the European Central Bank’s response to the global financial crisis and discusses ways forward. The case for establishing or improving resolution regimes for financial institutions in EU countries is also outlined.

Suggested Citation

  • International Monetary Fund, 2009. "Euro Area Policies: Selected Issues," IMF Staff Country Reports 2009/224, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2009/224
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=23137
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    Cited by:

    1. Nicolas Véron, 2016. "The IMF’s role in the euro-area crisis- financial sector aspects," Policy Contributions 16213, Bruegel.

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