Post-COVID-19 Global Currency Order: Risks and Opportunities for the Euro
Staidéar
22-09-2020
The issuance of EU debt in the context of the recovery plan for Europe creates scope for strengthening the international role of the euro. However, with a large share of safe euro assets likely to be absorbed by the pandemic emergency purchase programme of the ECB, a shortage of eligible bonds stands to impede such progress. The ECB could decisively increase the supply of safe assets by issuing tradable ECB certificates of deposit as a way of overcoming this obstacle. This document was provided by Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Economic and Monetary Affairs (ECON).
Staidéar
Údar seachtarach
Barry EICHENGREEN, Daniel GROS
Maidir leis an doiciméad seo
Saghas foilseacháin
Eochairfhocal
- AIRGEADAS
- anailís eacnamaíoch
- beartas aonair airgeadaíochta
- caidreamh airgeadaíochta
- CEISTEANNA SÓISIALTA
- cobhsaíocht airgeadais
- córas airgeadaíochta idirnáisiúnta
- EACNAMAÍOCHT
- eacnamaíocht airgeadaíochta
- eipidéim
- euro
- Eurobhanna
- galar coróinvíris
- iarmhairt eacnamaíoch
- saorghluaiseacht chaipitil
- sláinte