ECB interventions and protecting monetary transmission

Events and a series of unforced errors leave Europe in a precarious state. How will the half-built political project contend with hostile neighbours, economic rivals and disengaging former allies on the one hand, and internal arguments about money, governance and demography on the other? 

David Marsh, OMFIF chairman, discusses his new book, Can Europe Survive? The Story of a Fractured Continent, with John Orchard, chairman of OMFIF's Digital Monetary Institute. They discuss the evolution of the Russo-German relationship, the competence and fragility of the European Central Bank and the financial arguments now heading over the horizon.