ECB

IMF Chief Christine Lagarde: We Should Be Open to Cryptocurrencies

September 9, 2019
The nominee to be the next president of the European Central Bank (ECB), Christine Lagarde, has said central banks and financial bodies should protect consumers but be open to innovations such as cryptocurrencies. Changes are opportunities Lagarde, who is currently head of the International Monetary Fund, told the Economic and Monetary Affairs Committee of the

Ireland’s model crisis

December 20, 2013
2013.12.20 Ireland has now left the clutches of the bailout-for-austerity framework established by the Troika (the European Commission, the European Central Bank, and the International Monetary Fund) for indebted eurozone countries, and is leading the monetary union’s economic recovery. European policymakers, including Jean-Claude Trichet, the ECB’s former president, have suggested that Ireland’s dogged commitment to austerity

BoJ, Fed, ECB : with different methods, contrasting futures

December 5, 2013
2013.12.05 As we see on a daily basis, central banks play a major role in the crisis’ management. In order to see the unfolding of the global systemic crisis more clearly, we must understand how they act, the limits, the advantages, and disadvantages of their interventions. We have therefore decided to explain, in broad terms,