ECB risks destroying the euro

Has the European Central Bank gone feral? If it has, this is an appalling vista which must be dealt with. But it’s not clear how, writes Brian Lucey.

It’s easy to criticise the ECB for its actions, inactions, and general antics during the European debt crisis.

It’s little unfair too, as it has tried to do something, if usually too little and too late. But at least it has tried. But sometimes the wrong thing is the wrong thing and the ECB has been doing the wrong thing.