Tag: EMU
This is how President Lagarde explains the renewed rate hike by the central bank
You watch them wage development very accurate, says Lagarde. This is a “very important factor”. Wages would be a significant inflation driver over the next few months. It is important…
This is how President Lagarde explains the renewed rate hike by the central bank
Lagarde now goes into more detail. One expects persistent subdued growth, she says. Paired with high inflation lead this to reduced consumption. On the other hand, they would wages rise…
What will become of the euro?
The euro has lost a good 15 percent of its purchasing power since January 2021. By New Year’s Eve 2023, the loss is likely to increase to more than a…
Since courts cannot stop the transfer union, politicians must act
Federal Constitutional Court The top judges in Karlsruhe have waved the EU reconstruction fund through. According to the judges, there is no “obvious violation” of German and EU law. (Photo:…
Why Italy remains a risk
Italy remains a risk Handelsblatt editor Frank Wiebe explains why Italy remains a problem for Europe and especially for the euro zone. (Photo: Getty Images) Frankfurt Europe’s stock exchanges were…
2022 was a scary year for the bond market – 2023 could also be unsettled.
European Central Bank in Frankfurt The ECB faces a dilemma in 2023. In the fight against inflation, interest rates must continue to rise, but this could pose a risk for…
Why Germany deserves the privilege of low interest rates
Olaf Scholz at the informal EU summit in Prague At the summit, the Chancellor received a lot of criticism for the traffic light’s protective shield. (Photo: dpa) It’s certainly not…
Lagarde warns against optimism in financial markets
Christine Lagarde The President of the European Central Bank stated that inflation will also be above target in the next two years. (Photo: Bloomberg) Frankfurt ECB President Christine Lagarde believes…
The federal and state governments agree on a 49-euro ticket
Volker Wissing The transport ministers of the federal states and the federal government have reached an agreement. (Photo: dpa) Bremerhaven The federal and state governments have agreed on a successor…
ECB News:: Criticism of TPI
ECB Targeted bond purchases by the European Central Bank have long been criticized. (Photo: dpa) Frankfurt The German Institute for Economic Research (DIW) criticizes the new instrument of the European…
Klaus Regling, the “Mister Euro-Rescue” says goodbye
Klaus Regling The long-standing ESM director is leaving. (Photo: imago/GlobalImagens) Klaus Regling goes as he came: quietly, without making a fuss. As a farewell gift, the finance ministers in the…
Monetary policy has failed
Dark clouds over the ECB The ECB started raising interest rates this year. She has not ended her bond purchases. (Photo: dpa) A double-digit inflation rate in Germany – 10.0…
A Meloni win could push Italy out of the EU
Giorgia Meloni Was Minister for Youth and Sport in Silvio Berlusconi’s cabinet. How many governments has there been in Italy that were said to mean the end of monetary union,…
A Meloni win could push Italy out of the EU
Giorgia Meloni Was Minister for Youth and Sport in Silvio Berlusconi’s cabinet. How many governments has there been in Italy that were said to mean the end of monetary union,…
A Meloni win could push Italy out of the EU
Giorgia Meloni Was Minister for Youth and Sport in Silvio Berlusconi’s cabinet. How many governments has there been in Italy that were said to mean the end of monetary union,…
US dollar rises to 20-year high – euro and yen under pressure
U.S. dollar Money managers often advise buying the dollar. (Photo: The Image Bank/Getty Images) Dusseldorf The soaring of the world reserve currency continues. The dollar index, which tracks the rate…
Germany and four other EU countries are driving the digital euro
ECB headquarters in Frankfurt The European central bank is working on the introduction of a digital currency. (Photo: REUTERS) Brussels, Frankfurt The federal government is campaigning for the introduction of…
Better loss carry-back needed for companies
Energy crisis in Germany While some improvements support those on very low incomes, measures for the middle class are lacking. (Photo: dpa) Germany is facing the greatest economic upheaval of…
Comment: Operation Damage Control
ECB President Christine Lagarde The rate hike was just a step in damage limitation. (Photo: Bloomberg) Christine Lagarde acts late, but she acts – and for the first time with…
IMF calls for more common debt for Europe
The International Monetary Fund “Fiscal rule reform cannot wait,” writes the IMF. (Photo: Reuters) Brussels In view of the energy crisis, high national debt and the threat to European security,…