Tag: EMU
Euro: initially took some getting used to, today there is no alternative
Because what most critics of the euro overlook or ignore is that inflation in Germany has mostly been lower in the past two decades than in the D-Mark era. The…
There is a risk of higher debts in the southern states of the EU
Athens Sometimes a number is worth a thousand words: 13 trillion euros – the national debt in the euro zone has recently risen to this gigantic level, mainly because of…
The euro – a story of broken promises
Dusseldorf The euro is alive. This is not something that can be taken for granted. Because from the start, the common currency was a risk that bordered on recklessness. Politically…
“There is no alternative to the euro for Germany”
Stefan Kooths “Without stable public finances, monetary policy will always be able to do things that it shouldn’t do with a view to currency stability,” says the IfW researcher. (Photo:…
The euro has withstood a lot of criticism – and is still a debt burden
Brussels, Berlin Skepticism prevailed when the euro was introduced as cash at the turn of the year 2002. Germany struggled with the “Teuro” because the prices were at least felt…
The euro has withstood a lot of criticism – and is still a debt burden
Brussels, Berlin Skepticism prevailed when the euro was introduced as cash at the turn of the year 2002. Germany struggled with the “Teuro” because the prices were at least felt…
The new boss will meet high expectations
Joachim Nagel in the Bundesbank He is very familiar with the institution. (Photo: Deutsche Bundesbank) It took longer, now it is clear: With Joachim Nagel, an experienced economist and banker…
Scholz must quickly come up with ideas for European debt rules
Designated Chancellor Scholz With the reform of the debt rules, a central European political challenge awaits him. (Photo: ddp / Andreas Gora) The signals from Paris are clear: the French…
Daniel Stelter on climate policy and the moon landing
Dusseldorf This week there was a lot of talk about the future, about new beginnings – and about how the new federal government wants to rebuild the country. “Dare to…
The government should go into debt – but do it right
Traffic light coalition The traffic light coalition intends to “further develop the fiscal policy rules” in the euro area for “sustainable and climate-friendly investments”. (Photo: imago images / Chris Emil…
ECB is jeopardizing the reputation of the euro
On May 2, 1998, the heads of state and government of the EU decided to introduce the euro, which in the long term was to become the common currency of…
Prestigious project with political explosiveness – that’s why the ECB wants to create a digital euro
Christine Lagarde The head of the ECB warns that without a European offering of their own, other digital currencies will gain in importance. (Photo: imago images / Hannelore Förster) Brussels,…
Euro exchange rate as low as it was last in summer 2020
Euros and dollars The majority of global transactions are processed in these two currencies. (Photo: AFP) Frankfurt The euro fell further on Friday and hit a low for over a…
The Governing Council is rethinking purchase programs – that would have far-reaching consequences
At its December meeting, the Governing Council wants to decide on the future structure of the bond purchases. This will also concern the purchase limits that have previously been in…
Why Lindner is better suited than Habeck
Robert Habeck and Christian Lindner The FDP boss and the co-boss of the Greens are interested in the post of finance minister. (Photo: dpa) Two offices stand for securing the…
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…
Time to restart
The resignation of Bundesbank President Jens Weidmann almost six years before his contract expires shows one thing very clearly: the old fundamental conflicts over the monetary policy of the European…
Greece wants to pay off its debts early
Christos Staikouras The Greek finance minister is in a hurry with the repayment. (Photo: dpa) Athens Greece is negotiating with its debtors about the early repayment of aid loans. According…
How the ECB manages to exit crisis mode
Now she has to decide: will she keep this flexibility in the future? Or is it going back to its old rules, which aim at a greater separation of monetary…
Europe’s debt rules must not be undermined
For Olaf Scholz (SPD), the discussion about reforming the Stability and Growth Pact is inconvenient. The future chancellor knows that his potential traffic light partners are worlds apart on the…