Germany

Germany supports former Polish PM as OECD chief

Outgoing German Chancellor Gerhard Schroeder said recently that both he and designated chancellor Angelor Merkel supported former Polish Prime Minister Marek Belka as the new chief of the Organization for Economic Cooperation and Development.

Weber on challenges to the global economy

In the speech 'Challenges to the global economy' given on 18 November Axel Weber of the Deutsche Bundesbank said greater currency flexibility in parts of Asia is essential for resolving global economic imbalances whereas structural reform in Europe would…

ECB's Weber says inflation risk 'noticeably' up

European Central Bank Governing Council member and Bundesbank President Axel Weber said upward risk for euro area price stability has grown "noticeably", with inflation expected "with sufficient certainty" not to duck below 2% by the end of next year.

Buba's Zeitler on combating counterfeit money

In the speech 'Strategies for combating counterfeit money in Germany' given on 5 October Franz-Christoph Zeitler of the Bundesbank said preventing and combating counterfeits remains an ongoing task for central banks.

Buba's Meister regrets US delay on Basel II

A European Central Bank official responsible for bank oversight, Bundesbank board member Edgar Meister, said on Wednesday 5 October that the delay in implementing parts of Basel II in the US was regrettable.

ECB's Papademos on growth in euro area economies

In the speech 'Growth and competitiveness in euro area economies' given on 22 September Lucas Papademos of the ECB said growth in Germany and Italy has lagged behind the rest of the euro zone in recent years because of specific structural problems in the…

Interview with Bundesbank's Weber

In an interview published on Saturday 10 September Deutsche Bundesbank president Axel Weber said Germany could learn a lot from Britain's success in reducing unemployment to such low levels.

Weber says ECB to weigh Katrina impact

The European Central Bank is watching the economic impact from Hurricane Katrina closely but it is too early to say how it might affect interest rate policy, ECB Governing Council member Axel Weber said in a speech.

Deutsche Bundesbank Monthly Report, August 2005

The Deutsche Bundesbank published the English version of its August 2005 Monthly Report on 6 September. The Bundesbank said general weak economic growth in the EU, rather than discrepancy in GDP growth rates, is likely the "real reason for widespread…

More ECB dialogue wanted by France

France called for a more "resolute dialogue" between the eurozone's politicians and the European Central Bank on Tuesday 30 August, saying that fiscal and monetary policy must be better co-ordinated if faster economic growth is to be achieved.

What remains of the SGP?

Franz-Christoph Zeitler, a member of the executive board of Deutsche Bundesbank, delivered a speech at the Salzburg seminar, a high-profile meeting place of international leaders, at which raised the question "What remains of the Stability and Growth…

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