Question

How well or how badly has the ECB handled the crisis in the eurozone?

How well or how badly has the ECB handled the crisis in the eurozone?

Homework Answers

Answer #1

ECB or European Central Bank being the central bank of Europe played a pivtoal role in fighting with the financial crisis as it provided required money to countries under default such as Greece, Italy, Spain which resulted in improvement in Euro zone situation. In addition, continuous high liquidity supported by zero interest rates helped the country to bring back demand and created jobs which is the result we are seeing Euro economy out of criss.

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