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Berlin begins jockeying for top ECB job Local German Business News In English
Germany on Monday appeared likely to step up its campaign to make Bundesbank chief Axel Weber the next European Central Bank president, as eurozone ministers met to decide on the ECB's vice president.
Source: The Local: Money
European Central Bank - ECB (Hover)
ECB heavyweights tangle over bond purchases Local German Business News In English
The French head of the European Central Bank on Monday differed sharply with his possible German successor over a radical switch of ECB policy to buy up government bonds which critics say could stoke inflation.
Source: The Local: Money
Official: Germany willing to boost ECB capital
(AP)
European Business News
AP - Germany would be willing to support the European Central Bank with more capital if the bank said that was necessary, a government official said - a step that would reinforce the ECB's finances as it tries to contain the continent's debt crisis.
Source: Yahoo! News: Business - European Economy
ECB chief criticizes EU deal on spending rules
(AP)
European Business News
AP - The head of the European Central Bank criticized a European Union deal on public spending limits and economic surveillance, which was described by several finance ministers as a historic moment. Source: Yahoo! News: Business - European Economy
ECB's Trichet: low inflation for 10 years
(Reuters)
Reuters - European Central Bank President Jean-Claude Trichet was quoted by a German newspaper as saying inflation in the euro zone would be "Very low" over the next 10 years, with expectations currently for around 1.8 percent.
Source: Yahoo! News: Business - European Economy
ECB's Visco hints at lower rates if economy worsens
(Reuters)
Reuters - European Central Bank Governing Council Member Ignazio Visco said in a newspaper interview on Saturday that the bank will be attentive to the economic cycle when setting monetary policy, suggesting rates could fall more if the euro zone economy worsens.
Source: Yahoo! News: Business - European Economy
That would be great. High inflation could really make a country suffer. Because if you think about it, when you have a high inflation, you are not really making as much as if there was low inflation. I mean for every dollar you have, you will not be able to buy as much
International Level: Politics 101 / Political Participation: 0 0%
Well if they are having trouble, then they do need to cut bonuses. That will save them some. I just do not understand how people can think that they are fine when they have so many money troubles.
International Level: Politics 101 / Political Participation: 0 0%