Interview of March 29, 2016
Dr. König, the Agreement on Net Financial Assets (ANFA) was drawn up to prevent conflict between the NCBs and the European Central Bank (ECB) over monetary policy. What exactly is the background to this agreement?
ANFA limits the national central banks’ purchases of financial assets and securities in order to ensure effective implementation of the single monetary policy in the euro area. [...]
The full interview with Philipp König is published in DIW Economic Bulletin 12/13/2016. It is available for download as pdf document (PDF, 91.33 KB).
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