Tag: ESM
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,…
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,…
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,…
TPI bond purchase program: CDU criticizes the ECB
European Central Bank in the evening According to the CDU, the ECB should not step in as a helper, but the European rescue fund ESM. (Photo: dpa) Berlin There will…
TPI bond purchase program: CDU criticizes the ECB
ECB President Christine Lagarde According to the CDU, the ECB should not step in as a helper, but the European rescue fund ESM. (Photo: AP) Berlin There will be sharp…
The EU gives Greece back its financial sovereignty
Athens The Greek government will have more room for manoeuvre. (Photo: imago/Panthermedia) Athens With the end of the strict financial control (“enhanced surveillance”), the Greek government will have more room…
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…
Bundesbank President Joachim Nagel defends the ECB decisions
Joachim Nagel The Bundesbank President supported the interest rate hike by half a percentage point and the launch of the new crisis instrument on Thursday. (Photo: dpa) Frankfurt Bundesbank President…
ECB raises key interest rate significantly to 0.5 percent
ECB headquarters The central bank met as scheduled in Frankfurt. (Photo: dpa) Frankfurt The European Central Bank (ECB) is raising interest rates in the euro area. The currently decisive interest…
Central bank raises interest rates for the first time since 2011
Frankfurt The European Central Bank (ECB) is raising interest rates in the euro area. The currently decisive interest rate on deposits is to rise by half a percentage point to…
Michael Hüther & Bert Rürup: Macropolitics need a turning point
The term turning point is becoming the code word of our epoch because it marks a historical upheaval. Previously dominant conditions are losing their formative power, and new structures are…
Michael Hüther & Bert Rürup: Macropolitics need a turning point
The term turning point is becoming the code word of our epoch because it marks a historical upheaval. Previously dominant conditions are losing their formative power, and new structures are…
“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…
ECB plans to raise key interest rate by 0.25 percent due to inflation
ECB President Christine Lagarde In view of the high inflation, the central bank is tightening its monetary policy course. (Photo: IMAGO/ANP) Dusseldorf, Frankfurt After many years of ultra-loose monetary policy,…
The European Central Bank is reacting too late and too timidly
Christine Lagarde The head of the ECB explains the decisions of the central bank in Amsterdam. (Photo: IMAGO/ANP) Is it Christine Lagarde’s fault that she may soon have to choose…
ECB announces rate hike: is the next euro crisis imminent?
Flocks of birds over Rome Italy will elect a new parliament early next year. (Photo: imago/Italy Photo Press) Rome, Paris, Madrid, Brussels, Athens After its council meeting on Thursday, the…
Euro rescue package is looking for a new boss and a new purpose
Luxembourg A kicker is still missing in the light-flooded rooms of the ESM euro rescue package in Luxembourg’s financial district. But even so, the open spaces with the colorful armchairs…
The China Crash – Morning Briefing Plus
When it came to China, the story was told for a long time about a tightly organized country that planned its rise with great foresight and like a military commander.…
China’s economic model in crisis – Morning Briefing Plus
Europe is revolving around itself. And that is only understandable given the major risks: the war in Ukraine, dependence on Russian energy supplies and record inflation. “Something is changing very…