Tag Archives: ECB

German court’s “No, but” may undermine ECB’s OMT

The constitutional court strongly implied that the central bank’s bond-buying programme is outside its …

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Filed under Allgemein, Economic Policy, Monetary Policy

Gold move shows Buba can cave in to pressure

Germany’s central bank will repatriate some of its gold reserves. That could mean that …

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Filed under Allgemein, Monetary Policy

Why there's more in Draghi's may-day speech than markets realise

Mario Draghi (Photo by Monika Flueckiger/ World Economic Forum, via Wikipedia)
At first sight, Mario …

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Filed under Economic Policy, Monetary Policy

Killed by friendly fire? The Euro zone, banks and Draghi's “Big Bertha”

The Big Bertha, 1914 edition
The Big Bertha was one of the largest cannons of …

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Filed under Financial Crisis, Monetary Policy

Bundesbank's Weidmann on the origin and meaning of the Target2 balances

A couple of days ago, Jens Weidmann, the President of Deutsche Bundesbank, published an …

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Filed under Monetary Policy, Target 2

Target2 – The Zombie Returns

I have wasted way too much time with the Target2 debate and thought that …

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Filed under Target 2

The Italian Job – How Passports Influence Monetary Policy Decisions

Logo of the ECB (Image via Wikipedia)

The nationality of the ECB’s managerial staff matters …

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Filed under Financial Crisis, Monetary Policy

Target2 debate – The ECB finally gets involved

Several months ago, German economist Hans-Werner Sinn stirred a debate about an alleged “stealth …

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Filed under Financial Crisis, Monetary Policy, Target 2

"GIPS Euros" vs. "German Euros" – Debunking Hans-Werner Sinn, Vol. II

Hans-Werner Sinn (Image: Jan Roeder, via Wikipedia)

Repeating a wrong argument endlessly does not turn …

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Filed under Financial Crisis, Monetary Policy, Target 2

Save the Euro, for God's sake!

I think this  really deserves some publicity.
Twelve european top economists just published a dramatic …

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Filed under Uncategorized