THE MONETARY POLICY OF THE EUROPEAN CENTRAL BANK IN THE PERIOD OF SOVEREIGN DEBT CRISIS

Abstract. The European Central Bank was forced to start using non-standard measures in order to manage the situation determined by the global financial and sovereign debt crisis, namely to sort out liquidity problems and expand credit supply. The European Central Bank is criticized for applying non...

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Bibliographic Details
Main Authors: Deimantė Andriuškevičiūtė, Norbertas Balčiūnas
Format: Article
Language:English
Published: Vilnius University Press 2013-01-01
Series:Ekonomika
Online Access:https://www.journals.vu.lt/ekonomika/article/view/1417

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