Operations carried out by the ECB primarily to adjust the basic liquidity position of the financial sector vis-à-vis the ESCB. Specifically, these operations are: – fixed-term contracts; – outright transactions; and – the issuance of ECB debt certificates.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/