This textbook provides a comprehensive overview of monetary policy, banking supervision and financial stability in the euro area. The author uses his professional experience in central banking to provide a thorough understanding of European economics and to explore how the monetary and financial system functions.
Maximilian Fandl is a Financial Stability Expert at the European Central Bank (ECB). Previously, he held positions at the Austrian Central Bank and an Austrian banking group. In addition, he participated in missions for the International Monetary Fund (IMF) and gave classes in international macroeconomics to undergraduate students. He holds the CFA Charter, master degrees in business administration and economics, and a doctorate in economics from the Vienna University of Economics and Business.