Germany

German regulator may follow US

GERMANY - The integration of European capital markets means Germany's securities regulator will need to model itself increasingly on the US Securities and Exchange Commission, according to Georg Wittich, the German authority's chairman.

ECB may see rotating scheme with new members

GERMANY - The European Central Bank's policy making council might opt for a system similar to that of the U.S. Federal Reserve once the single currency area expands, ECB President Wim Duisenberg said on Friday 23 November.

Germany 'is already in recession'

GERMANY - A day after news that the US entered a recession in March a leading economic think-tank has said Germany is already in a recession, and things will get worse later this year.

Buba's Welteke sees no '01 recession in Germany

GERMANY - Germany's economy is not in a recession and will grow at a small rate "above zero" in 2001, Deutsche Bundesbank President Ernst Welteke told German daily Frankfurter Rundschau in an interview conducted 22 October, but published on Friday.

Speech by Ernst Welteke, Bundesbank President

SPEECH - Speech by Ernst Welteke, President of the Deutsche Bundesbank, delivered at the European American Business Council, Washington, 19 November. Ernst Welteke expressed satisfaction with ECB policy, noting that the eurozone is now enjoying an …

Speech by Jurgen Stark of the Deutsche Bundesbank

SPEECH - Speech by Dr. Jurgen Stark, Deputy Governor of the Deutsche Bundesbank. The speech titled 'The euro - the new European money' considers the historical background to the euro, essential features of the new system and the future outlook for the…

ECB gold reserves in 2 Nov week

GERMANY - The Eurosystem's net reserves in gold and gold receivables declined by EUR1 million to EUR128.2 billion in the week ended 2 November, the European Central Bank said Tuesday.

IMF sees continued gloom for Germany

GERMANY - The German economy should recover from its slowdown in the first half of next year, but business confidence is frail and the government has little room to pursue fiscal expansion, the International Monetary Fund said yesterday, Wednesday.

IMF Staff Report on Germany

REPORT - IMF Publications Germany: 2001 Article IV Consultation--Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion Series, 7 November.

Buba Welteke - ECB rate policy no hinder to growth

GERMANY - The European Central Bank's interest rates aren't an obstacle to growth, long-term and real interest rates are low and the ECB must avoid letting long-term inflation expectations build up, Deutsche Bundesbank President Ernst Welteke repeated,…

Buba declines comment on job cuts report

GERMANY - The Bundesbank on Wednesday declined to comment on a newspaper report it would have to slash 6,000 jobs or around a third of its workforce under a reform aimed at streamlining its structure.

ECB gold reserves to 26 October

GERMANY - The Eurosystem's net reserves of gold and gold receivables declined by EUR1 million to EUR128.2 billion in the week ended 26 October, the European Central Bank said Tuesday.

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