Has the European Central Bank lost its independence?
By Protesilaos Stavrou.
In light of Mr Draghi’s latest press conference on the approach the European Central Bank will maintain in addressing the ongoing economic crisis in the euro area, prolific Greek economist Dr Yanis Varoufakis argues [...]
The European Central Bank as a painkiller not a remedy
By Protesilaos Stavrou.
There seems to be a consensus among economists that the ECB is not doing enough to arrest the crisis in the euro zone. The ECB is after all considered the big bazooka that can intervene in the markets to lower interest [...]