ECB comprehensive assessment could stem ‘secular stagnation' in eurozone, bank staffers argue

European Central Bank at night

The review of banking assets currently being carried out by the European Central Bank (ECB) could prevent 'secular stagnation' in the eurozone, argue economists from the ECB and the Bank of Spain in a new book by Vox EU that also includes contributions from Lawrence Summers, Paul Krugman, and Barry Eichengreen.

The ECB's asset quality review – part of its comprehensive assessment of eurozone banks – is intended to shed light on lenders' sometimes murky balance sheets, in turn forcing them to res

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: