| Author (Person) | Rakic, Drazen |
|---|---|
| Author (Corporate) | European Parliament: European Parliamentary Research Service |
| Publisher | European Union |
| Series Title | EPRS Briefings |
| Series Details | PE 648.787 |
| Publication Date | April 2020 |
| Content Type | Research Paper |
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Abstract: The coronavirus pandemic is taking a heavy toll on the euro area economy, necessitating a timely and resolute macroeconomic policy response. The ECB's Governing Council acted decisively by taking a series of measures that collectively provide a substantial monetary policy stimulus aimed at safeguarding the effective transmission of monetary policy and preventing a serious deterioration of financial conditions. This briefing paper provides an overview of the monetary policy measures taken by the ECB until 16 April 2020. |
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| Source Link | Link to Main Source https://www.europarl.europa.eu/thinktank/en/document.html?reference=IPOL_BRI(2020)648787 |
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| Subject Categories | Economic and Financial Affairs |
| Subject Tags | Monetary Affairs |
| Keywords | COVID-19 (Coronavirus) |
| International Organisations | European Union [EU] |
