He had however made some mistakes during the crisis, for example by: raising interest rates just after inflation topped out and just prior to the recession triggered by the Lehman Brothers collapse; also by its early timidity in buying eurozone state bonds.
•
ECB board members Axel A. Weber and Jürgen Stark resigned in protest at this policy, even if it helped prevent states from defaulting.
President | President of the United States | European Union | Central Intelligence Agency | European Parliament | World Bank | Member of the European Parliament | Vice President of the United States | European Commission | president | Vice President | Comedy Central | Bank of America | Central Park | Central Asia | Central processing unit | Central America | West Bank | Central | European Space Agency | Deutsche Bank | Central Europe | Bank of England | European | Central Committee | European Court of Human Rights | Central Java | 2006 Central American and Caribbean Games | Swimming at the 2006 Central American and Caribbean Games | International Bank for Reconstruction and Development |