Papademos underlines importance of M3

GERMANY - Bank of Greece governor and European Central Bank vice-president designate Lucas Papademos said analysis of M3 money supply growth must remain at the core of the ECB's monetary policy.

Some economists have said the appointment of Papademos to succeed Christian Noyer as ECB vice president at the end of this month could lead to the ECB putting less reliance on M3.

The Greek is known in the market for his 'anglo-saxon' background, including large stints in the US, which some hope will mo

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: