The role of the ECB in financial assistance programmes Monetary dialogue July 2012 : compilation of notes - Study

The ECB has played and will continue to play an important role in granting financial assistance to the so called programme countries. Together with the Commission and the IMF, the ECB is not only part of the 'troika' reviewing the progress made by the countries supported, but also, the programmes have been designed 'in liaison' with the ECB. This compilation of notes requested by the Committee on Economic and Monetary Affairs (ECON) for the Monetary Dialogue in July 2012 aims at exploring this role in more detail.