Webpages tagged with «Trust»

The face of Mario Draghi. he is the President of the European Central Bank. Blue background.
Published Apr. 3, 2018 8:16 PM

During the euro crisis, the European Central Bank carved out a new and more significant role for itself. While many agree that this saved the euro in the short term, new research by Jørgen Bølstad at ARENA suggests that the ECB’s new role as a lender of last resort may also prevent future crises.