Ad
After last week's offer of cheap loans failed to entice banks, has the ECB reached the limit of its capacity? (Photo: Valentina Pop)

Analysis

Failure to launch: Is the ECB's tool-kit empty?

During the EU's seven year economic slump, the European Central Bank (ECB) has, to most observers, stood alone among the EU institutions in having had 'a good crisis'.

As analysts and policy makers again become concerned that the eurozone's already fragile recovery is faltering, they don't look to the European Commission or government ministers but to 'Super Mario' Draghi as the saviour.

Draghi's appearance before MEPs at his quarterly monetary dialogue on Monday (22 September) w...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here

Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

After last week's offer of cheap loans failed to entice banks, has the ECB reached the limit of its capacity? (Photo: Valentina Pop)

Tags

Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

Ad

Related articles

Ad
Ad