Germany's Schroder calls on ECB to reduce rates

German chancellor Gerhard Schroder has questioned the ECB as to "whether they have done enough to stimulate growth". He told Pedro Solbes, EU monetary affairs commissioner, on Tuesday that Germany would respect the stability and growth pact's ceiling of 3 per cent of GDP.

Source: Financial Times

Gerhard Schroder, the German chancellor, stepped up pressure yesterday on the European Central Bank to cut rates next week, amid warnings that his country could slide into recession and deflation.


Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

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 individual account