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With growing complexity of monetary policy following the global financial crisis, communication gradually became mission-critical for central banks in order to preserve legitimacy and credibility. The public, legislators and financial market participants each require a different type and channel of communication. Looking forward, the aftermath of the COVID-19 crisis will bring considerable challenges for the European Central Bank (ECB)’s communication and accountability in the context of the complex ...

Work on implementing the EU's global strategy for 2016-2017 includes stepping up public diplomacy efforts as one of the priority areas. A number of factors motivated this move. Firstly, the substantial resources committed for relief and recovery assistance to Syrian refugees and their host communities in neighbouring Lebanon, Jordan, Iraq, Turkey and Egypt have had little impact on public awareness of the existing European cooperation programmes. The visibility of EU funds has also been limited in ...