Interview: ECB's Otmar Issing

The chief economist and executive board member of the EuropeanCentral Bank gives an inside view on the ECB's thinking: Why hasthe ECB recently started publishing macroeconomic projectionsrather than forecasts, and what do these projections mean forpolicymakers and the markets? By Stephen F. Frowen.

How does your job at the ECB compare with your previous role at theBundesbank?

Being at the ECB is probably one of the most exciting jobs thatone could imagine for an economist. We are responsible for

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