The role of the ECB in the structure of european financial supervision after the financial crisis

Abstract

The financial crisis has completely changed the approach to financial markets and their supervisory regulations. The European Central Bank played a significant role in reducing the effects of the crisis and undertook many effective attempts to limit its further spread.
The purpose of the article is to present monetary policy measures and instruments adopted and implemented by the European Central Bank (ECB) in response to the debt crisis in the euro area.