ECB Monthly Bulletin | March 2010

Summary: 

The Monthly Bulletin was published from January 1999 to December 2014. The Monthly Bulletin was published one week after each monetary policy meeting of the ECB's Governing Council. It explained the monetary policy decision and provided a detailed analysis of the current economic situation and risks to price stability. 

Table of Contents: 

• Editorial
• Economic and Monetary Developments
  • The external environment of the euro area
  • Monetary and financial developments
  • Prices and costs
  • Output, demand and the labour market
  • Fiscal developments
  • Exchange rate and balance of payments developments
  • Boxes:
    •  Oil capacity investment and the economic downturn
    • The impact of “bad banks” on MFI balance sheet statistics
    • Liquidity conditions and monetary policy operations in the period from 11 November 2009 to 9 February 2010
    • The results of the “Survey on the access to finance of small and medium-sized enterprises in the euro area: second half of 2009”
    • Recent developments in consumers’ and professionals’ inflation expectations in the euro area
    • The carry-over effect on annual average real GDP growth
    • Compilation, usefulness and recent developments in the euro area consumer confidence indicator
    • ECB staff macroeconomic projections for the euro area
    • Fiscal sustainability challenges in the euro area
    • Carry trades and exchange rates
• Euro Area Statistics
•  Annexes
  • Chronology of monetary policy measures of the Eurosystem
  • Documents published by the European
  • Central Bank since 2009
  • Glossary