TARGET balances in 8 minutes скачать в хорошем качестве

TARGET balances in 8 minutes

1) TARGET balances explained in 8 minutes 2) TARGET balances of the euro area central banks [00:37] 3) Why TARGET balances became large during the crisis [01:49] 4) TARGET balances and the monetary policy of the ECB [02:49] 5) TARGET balances peaked in mid-2012 before declining [05:04] 6) Prospects for a further decline in TARGET balances [06:02] TARGET balances are positions on the balance sheets of the central banks in the euro area. Why did they increase during the crisis and how do we interpret their recent decline? Please also see: http://www.ecb.europa.eu