The ECB’s response to the financial crisis Against the background of the economic and financial structures I have just described, you will see that the ECB’s responses to the financial crisis are in line both with these structures and with our medium-term objective.
Our actions have been different from those taken by  BIS Review 51/2009  3  other central banks, reflecting differences in economic and financial structures. Indeed, given the different economic structures, they need to be different to achieve the same objective.