CLASH BETWEEN GERMANY AND THE ECB

- Central Banking staff
- 03 Sep 2001

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CENTRALBANKNET'S SPECIAL REPORT - In January this year, the German finance minister, Hans Eichel, underlined the government's commitment to reforming the financial sector with a proposal to create a unified financial services regulator, and in the process, upset virtually everyone involved: the Bundesbank, the Landeszentralbanken, its main branches, as well as the European Central Bank. With the legislation due to come before the lower house of the Bundestag in September, Eichel may yet be

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