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Ecb’S Monetary Measures During The Financial Crisis


  • Magdalena RADULESCU

    () (Faculty of Economics, University of Pitesti, Romania)


This paper presents the main developments of the eurozone during the crisis period and the measures adopted by ECB in this context. The paper especially aims the countries that were the most affected by the crisis, namely: Greece, Cyprus, Ireland, Portugal, Spain and Italy. The public debt of those countries increased greatly and they faced many pressures on the international financial markets.

Suggested Citation

  • Magdalena RADULESCU, 2015. "Ecb’S Monetary Measures During The Financial Crisis," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 14(1), pages 87-95.
  • Handle: RePEc:pts:journl:y:2015:i:1:p:87-95

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    References listed on IDEAS

    1. Daniele Schiliro, 2014. "Changes in Eurozone Governance after the Crisis and the Issue of Growth," International Journal of Social Science Studies, Redfame publishing, vol. 2(2), pages 110-119, April.
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    More about this item


    financial crisis; ECB’s measures; European countries’ experience.;

    JEL classification:

    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt


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