ECB Holding TLTROs for Real Signs of a Downturn, Economist Greene Says

The video discusses the current state of economic intervention, comparing inflation rates in the Eurozone and the US. It highlights that the Eurozone's inflation is more stable, suggesting no immediate need for drastic measures. The ECB's strategy regarding Teltros and bank subsidies is explored, noting a shift towards reducing reliance on these measures, especially for weaker banks in Italy and Spain. The video concludes with a discussion on potential future economic measures if signs of a downturn appear.

What might be the implications of a slight subsidy for the banks as mentioned in the text?

What conditions are suggested for a more powerful economic response?