The European Central Bank at 25: Effectiveness of the Monetary Policy
The European Central Bank at 25: Effectiveness of the Monetary Policy

Author(s): Dimitar Chobanov
Subject(s): Politics / Political Sciences, Politics, Economy, Business Economy / Management, Economic policy, EU-Accession / EU-DEvelopment, Financial Markets
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: European Central Bank; monetary policy; inflation
Summary/Abstract: 25th anniversary of the European Central Bank is the occasion for an assessment of its monetary policy. Maintaining the price stability is the main objective according to the ECB statute. However, changes in economic conditions led to unconventional measures and additional objectives like financial stability.

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