While Europe’s political leaders continue their diplomatic dance, real power in the eurozone has shifted to central bankers

Castiglioni, Federico (2012) While Europe’s political leaders continue their diplomatic dance, real power in the eurozone has shifted to central bankers. LSE European Politics and Policy (EUROPP) Blog (06 Oct 2012). Website.

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Abstract

Since the beginning of the eurozone crisis European leaders have attended summit after summit, which tend to result in little effective action. In light of the European Central Bank’s recent decision to buy stricken country’s bonds, Federico Castiglioni argues that the power to shape Europe’s financial and fiscal future may now be vested in the monetary policy of central banks.

Item Type:	Online resource (Website)
Official URL:	http://blogs.lse.ac.uk/europpblog/
Additional Information:	© 2012 The Author
Divisions:	LSE
Subjects:	J Political Science > JN Political institutions (Europe)
Date Deposited:	09 May 2013 15:51
Last Modified:	13 Sep 2024 18:17
URI:	http://eprints.lse.ac.uk/id/eprint/50168

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