Tag Archives: European Central Bank
Is a Greek bond buyback really as daft as some economists suggest?
European leaders are toying with the idea of buying back Greek debt on the …
Filed under Economic Policy, Financial Crisis
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 …
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 …
Filed under Financial Crisis, Monetary Policy
The Bundesbank and Target2 – the about-face that wasn't
It appeared like a stunning about-face. Earlier this month, press reports suggested that Bundesbank …
Filed under Monetary Policy, Target 2
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 …
Filed under Monetary Policy, 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 …
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 …
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 …
Filed under Financial Crisis, Monetary Policy, Target 2
PIIGS exposure of individual German banks
It was a little bit inconvenient because I had to gather the data from …
Filed under Financial Crisis
Will the Euro survive, David Marsh?
On Monday evening, David Marsh presented the second edition of this book about the …
Filed under Financial Crisis, Interview
