Tag: Currency depreciation
We will miss Jens Weidmann
Jens Weidmann (right) and his successor Joachim Nagel (left, archive image) Jens Weidmann has been head of the Bundesbank since May 2011, and this year he announced his resignation. (Photo:…
The ECB President admits for the first time that the currency devaluation can take longer. Realism is slowly returning to the Frankfurt Tower.
ECB chief Lagarde Christine Lagarde admits: The high inflation will last longer in Europe. (Photo: Reuters) The sounds from the tower of the European Central Bank (ECB) are changing. It…
Reform proposal for debt rules in the Maastricht Treaty
One euro coin The stability of the euro is in grave danger. (Photo: imago images / Christian Ohde) The euro should be as hard as the D-Mark. That was the…