Bundesbank
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Greece "to issue its own money." The ECB said it had stopped routine operations with certain Greek banks with...
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Francois Hollande to fly to Berlin to meet Angela Merkel within hours of inauguration
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Nor will Spanish and Italian citizens. Deposit flight will be instant and massive. Indeed, it is already happening,...
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In 2010, Sarrazin caused outrage with his best-selling book which argued that Germany was being swamped with illiterate, semi-criminal Muslim immigrants. The British Independent reported on Monday that the former finance expert, who lost his seat on... Full Article at Arutz Sheva
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Meanwhile, Germany would still be a formidably successful exporter even with a much stronger currency, as it had been before the euro was imposed – against the dire warnings of the Bundesbank, whose economists always understood that a monetary union... Full Article at The Independent
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Former Bundesbank chairman Axel Weber looks on during a press conference following a Swiss banking giant UBS annual general meeting on May 3, 2012 in Zurich. Weber has been elected as member of the board and should be elected later as new bank's chairman. View Photo »
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The euro crisis has not escalated to such an extent recently that he would want to take on the Bundesbank on that
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President Jens Weidmann has warned Europe's central banks not to increase their exposure to Greece because of the high level of political uncertainty there ahead of next month's elections. In an interview with German Sunday newspaper Frankfurter... Full Article at China Post
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1992. And the Bundesbank has acknowledged that German inflation could reasonably be above the eurozone average for a while. ‘There has to be a resolution around Greece before any sort of confidence comes back to the markets’ “German Finance Minister... Full Article at Financial Post
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In many ways the key distinction was on how best to “sell” austerity to the public. Meanwhile, again little noticed in the British media, Germany has relaxed one of the main pillars of its hawkish approach. The Bundesbank, the central bank, has said... Full Article at Ferraris for All: In Defence of Economic Progress
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Former Deutsche Bundesbank president Axel Weber listens participants at the end of a session about 'monetary policy issues' as part of a conference organized by Banque de France and The Gobal Interdependence Center at the Banque de France headquarters... View Photo »
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Clearly, the hurdle to overcome is the (German) Bundesbank, which remains keen to fulfill its role as the euro zone's fiscal policeman now that question marks are being raised over France's commitment to cost cutting as (Socialist candidate Francois) Hollande inches closer to an election win on Sunday
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And the Bundesbank has acknowledged that German inflation could reasonably be above the euro-zone average for a while. "German Finance Minister Schäuble’s shift in favour of higher wages, and the Bundesbank’s recognition that inflation might rise above... Full Article at Business Day
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Clearly, these companies benefited substantially from the economic stewardship provided by institutions such as the Bundesbank, along with the broad adherence to Erhard’s social market economy. But they also recognized the benefits entailed by a... Full Article at Naked Capitalism
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The latest cover of Der Spiegel bears the headline, "Akropolis Adieu!" I say it's time for, "Auf Wiedersehen, Angela!" Take your ball and go home, guys. No reason for you to subsidize the weaker countries, and no reason for them to subsidize your exports. Full Article at Seeking Alpha
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