Stabilizing the Eurozone  

作　　者：Hu Kun 

机构地区：[1]Institute of European Studies under the Chinese Academy of Social Sciences

出　　处：《Beijing Review》2015年第9期24-25,共2页北京周报（英文版）

摘　　要：Stimulus plus interest rate adjustment provide strategic pivots for EU monetary policy Last November, the European Commission revised the eurozone＇s growth rate downward, predicting a 1.1 percent and 1.7 percent in 2015 and 2016, respectively. Major EU econo- mies are less optimistic, which in turn affect the overall recovery of the eurozone. For example, German/s growth may come to a halt France will continue stagnating; and Italy is on the verge of further economic decline. Even if the bloc avoids falling into an overall decline, anoth- er year could pass before even modest growth is achieved.Stimulus plus interest rate adjustment provide strategic pivots for EU monetary policy Responding to heavy pressure by its member states,the European Central Bank(ECB)has issued a stimulus package to shore up the flagging eurozone economy.The Governing Council of the ECB announced an expanded asset purchase program on January 22,in which the central bank will buy sovereign bonds and private sector assets amounting to 60 billion euro($68 billion)monthly beginning in

关 键 词：经济增长速度 欧盟委员会 稳定 货币政策 意大利 

分 类 号：F825[经济管理—财政学]