Aggregate money supply

As defined by the ECB, the monetary liabilities of monetary financial institutions (MFIs) and central governments vis-à-vis non-MFIs resident in the euro area. – For details on the variables, see the annex “Euro area statistics” under the heading “Monetary developments, banks and investment funds” in the ECB’s Monthly Bulletin and the “Notes” at the end of the table.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
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