Euro Area Policies : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

July 30, 2009

Electronic Access:

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Summary:

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.

Series:

Country Report No. 09/224

Subject:

English

Publication Date:

July 30, 2009

ISBN/ISSN:

9781451813104/1934-7685

Stock No:

1EUREA2009002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

32

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