European central bankers see room for fiscal-monetary co-operation

Olli Rehn
Olli Rehn: fiscal and monetary policy “can be and should be mutually reinforcing”
Friends of Europe

Fiscal and monetary policy-makers were right to work together in tackling the economic fallout of Covid-19, several central bank governors said in recent remarks.

For a long time, economists viewed the two types of policies in isolation – indeed, this isolation was seen as vital to preserving central bank independence. But the pandemic showed it was “critical” for both to work together, said Robert Holzmann, governor of the National Bank of Austria.

Holzmann told the Warwick Economics Summit

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: