Enlargement and stability: ECB's new challenges
Enlargement and financial stability are the European Central Bank's (ECB) main new challenges, finds a paper from the National Bureau of Economic Research.
The research is based on extensive interviews with current and former ECB officials. Many of those surveyed saw the constant addition of new countries as a tremendous challenge for both communication and policy setting due to the increasing variety of different productivity and labour market performances as well as languages, customs and
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