Abstract
The article presents the evolution of the monetary policy of the central banks of Europe, managed by a supranational banking regulator. The principles, traditional and non-traditional monetary policy instruments of the European Central Bank are analyzed. The evaluation of the effectiveness of the use of quantitative easing (QE) policy is given. The response measures used by the monetary authorities of the eurozone countries to stabilize European economies during the Covid-19 pandemic are revealed.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have