Corrado Macchiarelli

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    Assessing the impact of the ECB’s Corporate Sector Purchase Programme on SMEs

Assessing the impact of the ECB’s Corporate Sector Purchase Programme on SMEs

The European Central Bank’s Governing Council is due to hold a policy meeting on 26 October, with many observers anticipating there could be a change to the ECB’s monetary stimulus programme. Corrado Macchiarelli, Mara Monti and Andrea Vedolin examine some of the measures that should be considered as the ECB looks to respond to changing conditions in the euro […]

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    Quantitative easing: To deal with the root of the problem, the ECB should tackle non-performing loans

Quantitative easing: To deal with the root of the problem, the ECB should tackle non-performing loans

Quantitative Easing (QE) – the unconventional form of monetary policy by which a central bank creates new money electronically to buy financial assets, thus helping to increase private sector spending and lower inflation – has been used by the European Central Bank (ECB) in the past. It is widely expected that an extension of the current QE programme will […]

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