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Tag Archives: European Central Bank

Is German Dominance of the ECB Responsible for sub-optimal Monetary Policy in the Eurozone?

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By Sarah Fuchs German dominance over the European Central Bank (ECB) is nowhere more apparent than in the price stability goal of inflation at or below 2% enshrined in the Maastricht Treaty. A notable success in postwar Germany was the excellent record of the Bundesbank on maintaining price stability, which represented an important break with […]

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