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  • English
    Authors: 
    Bertasiute, Akvile; Massaro, Domenico; Weber, Matthias;
    Countries: United Kingdom, Switzerland

    Less economic integration would make it difficult for the ECB to stabilise the euro area economies. Symmetric monetary policy cannot do anything about this and individual countries would need to use fiscal policy tools.

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  • English
    Authors: 
    Bertasiute, Akvile; Massaro, Domenico; Weber, Matthias;
    Countries: United Kingdom, Switzerland

    Less economic integration would make it difficult for the ECB to stabilise the euro area economies. Symmetric monetary policy cannot do anything about this and individual countries would need to use fiscal policy tools.

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