The Exit Strategy
At the recent AICGS conference “Rising Tensions between the European Central Bank and the Bundesbank,” AICGS Senior Fellow Alexander Privitera and David Marsh, Co-Chairman of the Official Monetary and Financial Institutions Forum (OMFIF), discussed the role of the European Central Bank in the current phase of the financial crisis in Europe. In this podcast, Mr. Marsh examines the role of the Bundesbank, the imbalances in the euro zone cross border payment system TARGET2, and the likelihood that the ECB will soon implement an exit strategy from its so called non-standard measures.
Please allow time for the audio file to load. If you experience issues with the audio file, please try selecting “switch me back to the old player” on the right side of the page for an additional listening option.