money ECB director Isabel Schnabel “The additional losses of savers are negligible” – – Status: 7:36 p.m. | Reading time: 2 minutes – – – Isabel Schnabel is the director of the European Central Bank Source: pa / dpa / Bernd von Jutrczenka – – German director of the European Central Bank, Isabel Schnabel, defends … Read more
/s3/static.nrc.nl/images/gn4/stripped/data59366325-f50f34.jpg "ECB guide to German Court")
Will there be a breakthrough in the conflict between Germany’s highest judges and the European Central Bank? In early May, the German Constitutional Court caused a minor earthquake in the euro zone. The Council judged that the ECB acts unlawfully by buying government bonds in bulk, without properly explaining why this is ‘proportional’. The ECB … Read more
Money 13 billion The ECB is making banks an historic negative interest-gift – – Status: 18.06.2020 | Reading Time: 3 Minutes – – – – ECB grants new loans in the amount of 1.31 trillion euros – – The European Central Bank has provided banks in the Euro area in the Corona-crisis loans in the … Read more
Die-Corona-means crisis for the development of mankind a notch. Up to seven percent of the global wealth could slump this year, depending on whether it it the Nations succeeds, the further spread of the epidemic and to limit the economic consequences. However, a single well would be minus to be not that Drastic. Finally, the … Read more
Europa is in the rescue race. Governments across the currency area are launching billion-dollar programs to combat the aftermath of the pandemic. The expectations of the European Central Bank (ECB) to do their part in the trillion game were correspondingly high. But the monetary authorities have delivered even more than the financial markets had hoped … Read more
I.n hurriedly scheduled emergency meetings, monetary politicians in almost all major economies have announced several hundred billion programs that add up to trillions of dollars. A real tsunami of liquidity is rolling in on the markets and economies. This creates a danger reminiscent of the 1920s: the return of inflation. Even if the big price … Read more
After a much criticized start-up delay, which amplified the stock market crash in mid-March, the ECB passed the overdrive. –Christine Lagarde, President of the European Central Bank (ECB). Vincent Kessler / REUTERS In Frankfurt, the tower of the European Central Bank (ECB) has taken on ghostly appearances. The majority of the 3000 employees, excluding “critical” … Read more
economy Response to Corona Crisis Dax falls by over twelve percent, Wall Street with the largest loss in 33 years – – Status: 9:43 p.m. | Reading time: 2 minutes This is how the ECB responds to the corona crisis – – At its council meeting, the ECB discussed monetary policy assistance to the economy … Read more
Rita Neves Costa Today at 6:59 pm– The President of the European Commission intends to end the circulation of coins of one and two cents. The measure is part of the work program that Ursula von der Leyen will present this Wednesday in Brussels. While still running for president of the European Commission, Ursula von … Read more
DECRYPTION – Christine Lagarde launched Thursday the “strategic review” of the ECB’s monetary policy. Le Figaro enlightens you on the concrete consequences of the institution’s decisions for the users of the euro. –The President of the ECB, Christine Lagarde. RALPH ORLOWSKI / REUTERS Frankfurt is beautiful, but it is far away. From the headquarters of … Read more