Question: 1.1. What is quantitative easing? How is it different from the ECBs main refinancing operations? What other unconventional tools has the ECB employed since the

1.1. What is quantitative easing? How is it different from the ECB’s main refinancing operations? What other “unconventional” tools has the ECB employed since the outbreak of the euro crisis? Has the ECB had favorable results with its policies since the 2008–2009 financial crisis?

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