IMF Staff Country Reports

Euro Area Policies: Selected Issues

July 30, 2009

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Euro Area Policies: Selected Issues, (USA: International Monetary Fund, 2009) accessed November 21, 2024

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.

Subject: Bank resolution framework, Central bank policy rate, Financial crises, Financial sector policy and analysis, Financial sector stability, Financial services, Special resolution regime, Yield curve

Keywords: Bank resolution framework, Banking authorities, Central bank policy rate, CR, ECB President, EU Law, EU legislation, Financial sector stability, Global, ISCR, Rate, Regime, Resolution regime, Risk warning, Special resolution regime, Yield curve

Publication Details

  • Pages:

    32

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2009/224

  • Stock No:

    1EUREA2009002

  • ISBN:

    9781451813104

  • ISSN:

    1934-7685