Tag: EMU
The ECB’s new purchase program is toxic for the currency union
Capital market interest rates, including interest rates on government bonds, have risen sharply since the end of last year. Investors want to be compensated for the expected inflation and are…
Italy passes further aid against inflation
Rome In Italy, the outgoing government of Prime Minister Mario Draghi approved a 17 billion euro aid package on Thursday to cushion the effects of inflation. The measures to combat…
Don’t leave bond yields to the market
ECB With the TPI, the ECB has created the opportunity to specifically buy government bonds from countries that are confronted with excessive increases in capital market interest rates. (Photo: dpa)…
Italy’s Prime Minister Draghi wants to continue government with renewed confidence
Mario Draghi After his speech in the Senate, Draghi still has to face a vote of confidence. (Photo: Reuters) Rome After his failed resignation bid, Mario Draghi is ready to…
Credibility is at stake
Many economists are predicting that Europe will slip into recession because of the war in Ukraine and expensive energy. For the European Central Bank (ECB), this normally means being particularly…
Credibility is at stake
Many economists are predicting that Europe will slip into recession because of the war in Ukraine and expensive energy. For the European Central Bank (ECB), this normally means being particularly…
Credibility is at stake
Many economists are predicting that Europe will slip into recession because of the war in Ukraine and expensive energy. For the European Central Bank (ECB), this normally means being particularly…
Credibility is at stake
Many economists are predicting that Europe will slip into recession because of the war in Ukraine and expensive energy. For the European Central Bank (ECB), this normally means being particularly…
Draghi Passes No Confidence Vote – But Partner 5-Star Boycotts Vote
Mario Draghi The Italian Prime Minister has been in office since the beginning of 2021. (Photo: Reuters) Rome The Italian government under Prime Minister Mario Draghi passed a vote of…
Eurogroup boss Donohoe sees eurozone prepared for risks
Brussels Eurogroup boss Paschal Donohoe sees no signs of a recession in the euro zone. “There are enough growth drivers in our economy to achieve overall positive growth this year,”…
Euro introduction in Croatia officially signed – Concrete exchange rate fixed
Croatia’s Finance Minister Zdravko Maric and ECB President Christine Lagard Symbolic delivery of euro coins. (Photo: AP) Brussels The introduction of the euro in Croatia was sealed with a ceremony.…
Euro slips to parity with the US dollar
Euro and dollar bills For the first time since October 2002, the two currencies are worth the same. (Photo: Reuters) Frankfort, New York The fall of the euro against the…
Parity with the dollar is imminent
dollars and euros The European single currency has fallen to its lowest level in 20 years against the dollar. (Photo: Reuters) Dusseldorf, Frankfurt Parity between the euro and the dollar…
Bundesbank boss Nagel is critical of aid for indebted countries
Joachim Nagel If the Bundesbank president had his way, the ECB would have to focus more on combating high inflation. (Photo: Reuters) Frankfurt On Monday, Bundesbank President Joachim Nagel expressed…
What can the ECB do against euro crises?
Frankfurt The European Central Bank (ECB) is currently observing very closely the yields on government bonds in the euro area, some of which have risen significantly. In any case, she…
The ECB must create clarity
Dark clouds over Frankfurt The ECB is once again in a dilemma – and has to find a way to communicate more clearly. (Photo: dpa) For months, experts have been…
“Put your households in order”
Storm over St. Peter’s Basilica in Rome Italian government bonds are having a hard time at the moment – despite far-reaching structural reforms. (Photo: dpa) In view of rising interest…
France’s finance minister does not believe in a new euro crisis
Bruno Le Maire France’s finance minister wants to calm fears of a new euro crisis. (Photo: Reuters) Brussels France’s Finance Minister Bruno Le Maire has countered fears of a new…
The ECB must create clarity
For months, experts have been discussing an “instrument” that the European Central Bank (ECB) could use to protect highly indebted countries such as Italy and Spain from a sharp rise…
Croatia may adopt the euro in 2023
Croatia’s one euro coin The design of the Croatian euro coins was presented at the beginning of February. (Photo: imago images/Pixsell) Brussels The euro zone will soon welcome its twentieth…