La Banque Centrale Européenne a publié, dans son bulletin mensuel d’avril, un article de 16 pages qui revient sur les mesures prises pour supporter la finance lors de cette dernière crise mondiale.
Elle souhaite également apporter sa vision sur les scenarii de sortie tout en rappelant la différence entre les mesures interventionnistes des Etats-Unis, de l’Europe et même au sein de celle-ci.
The extensive measures taken by euro area governments in support of the fi nancial sector have played a key role in the management of the fi nancial crisis that erupted in mid-2007 and intensifi ed after the bankruptcy of Lehman Brothers. This article describes the measures taken by euro area governments to contain the impact of the crisis on the fi nancial sector and discusses potential exit strategies. Although the focus is on the measures implemented by euro area governments, the article also compares these measures with the ones taken in the United Kingdom and the United States. The crisis responses in these three economic regions share a number of common features, both in terms of tools and scope. However, there have also been some important differences, not only between the European Union and the United States, but also within the European Union.