In July of that year, the then-ECB President Mario Draghi spoke about the economic conjuncture and the policy response, making the historic remark: “The ECB is ready to do whatever it takes to preserve the euro.
The theme of this seminar, “Central Banks and Financial Stability: Lessons and Challenges from the Crisis”, is accordingly one that deserves our particular attention. Central bank tasks after the global financial crisis The recent crisis is regarded as the severest since the Great Depression of the 1930s.