Institute of Empirical Economic Research of Osnabrück University

Last update: 10. July, 2014 Sources: Individual Central Banks, IFS. See Steinkamp & Westermann (2013) for details. [pdf] Contact: If there are any questions or comments please contact Frank Westermann ([email protected]) or Sven Steinkamp ([email protected]) Special values: n.a. not available cur. country not a member of the eurosystem Notes: All series show the month-end values exept for spain in the period 01/99 to 11/07 where the monthly average of daily data is reported. For Greece, Portugal and France "Liabilities to Euro area MFI's" are reported and therefore may deviate from the actual Target data in the case of substantial borrowing from foreign commercial banks. However, this has not happened in the past as can be seen by comparing our time series with the Target data from the annual reports. IFS data have only been used to fill gaps in the historical time series. The latest data are taken from central bank balance sheets.