Evaluate critically the decisions taken by the ECB at their December 2020 Governing Council meeting

In its October 2020 press conference, the ECB President Christine Lagarde indicated that “ We’re not going to just stand still” leading many analysts to expect the ECB to recalibrate its monetary-policy instruments to respond to the second wave of the COVID19 pandemic that has forced a number of major euro area economies into lockdown […]

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