Exceptional times call for exceptional measures. The European Central Bank, like other central banks, has introduced non-standard measures to tackle the financial crisis and cushion its impact on the economy – what I call “enhanced credit support”. These have contained the threats to the stability of the euro area's financial system and supported the flow of credit to companies and households over and above what could be achieved through interest rate cuts alone.
非常时期需要非常手段。与其它地区央行一样，为了应对金融危机、缓和其对manbetx20客户端下载 的冲击，欧洲央行(ECB)也出台了非常规措施，我称之为“增强的信贷支持”。这些举措抑制了危机对欧元区金融体系稳定性的威胁，在仅凭降息方式所能实现的信贷流动基础上，维系了其它面向企业和家庭的信贷流动。
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