Guide Monetary Frameworks - Is There a Preferred Option for the European Central Bank?: 97

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ECB Chief Economist on Monetary Policy, Interest Rates, TLTROS

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The Commission will present Proposals on the basis of Article 6 for a single supervisory mechanism shortly. We ask the Council to consider these Proposals as a matter of urgency by the end of When an effective single supervisory mechanism is established, involving the ECB, for banks in the euro area the ESM could, following a regular decision, have the possibility to recapitalise banks directly. New York. Retrieved 7 February The Times. Archived from the original on 5 June Retrieved 15 February Archived from the original on 5 November Retrieved 15 November The Globe and Mail.

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