The European Central Bank, Italy and the next Eurozone crisis

Ryan, J. (2018). The European Central Bank, Italy and the next Eurozone crisis. The Economists' Voice, https://doi.org/10.1515/ev-2018-0022
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The European Central Bank (ECB) is the least accountable central bank among advanced nations. Its degree of independence has only one precedence: the German Reichsbank, a central bank with one of history’s most disastrous records. The lessons of German history do not seem to be interpreted correctly by the ECB.

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