Economic and Monetary Union and Switzerland: two models compared in the light of the economic crisis

Looking at the origin and the reasons behind and considering the impact of the 2007 economic crisis in the EU countries and in Switzerland, the author describes the initiatives taken and the key role played by the European Central Bank to mitigate financial and monetary risks within the Eurozone, and compares it to the Swiss approach, namely addressing the set of measures adopted by the Swiss National Bank to tackle the economic crisis.