Germany
Bundesbank expects euro inflation to accelerate
The Bundesbank on Monday said it expects inflation to increase further in the coming months and that the measure could stay above the European Central Bank's (ECB) target in the long term.
Impact of rate setting on banks assessed
A sharp increase in the steepness of the yield curve has the most negative impact on banks' interest income of any rate shock, research published by the Bundesbank finds.
Interest rate gap too large, says France
Christine Lagarde, the French minister of finance, has issued a guarded warning to the European Central Bank (ECB) not to raise rates.
Weber defends mark to market
Axel Weber, the president of the Deutsche Bundesbank, says it is crucial to stick to fair value accounting, especially under adverse market conditions.
Buba's Weber paves way for rate hike
Axel Weber, the president of the Bundesbank, has said that the European Central Bank (ECB) must "act with determination" if the recent rise in inflation begins to impact wage settlements.
Germany set to suffer from US slump
Germany will suffer from the downturn in the US and the weakness of the dollar as exports - contrary to what many politicians and entrepreneurs believe - are unlikely to rise, claims Norbert Walter, the chief economist of Deutsche Bank.
Deutsche Bank dismisses ECB conflict concerns
Deutsche Bank's chief economist sees no serious conflict between the European Central Bank's price stability objectives and its lender-of-last-resort function.
Private-sector wellbeing impacted by job cuts
Public servants are less sensitive to rises in unemployment than workers in the private sector, research published by the Boston Federal Reserve finds.
The EU's approach to SWFs is commendable
The EU Commission's proposal for sovereign wealth fund policies are to be welcomed, says Norbert Walter, the chief economist of Deutsche Bank Group. And it is in the interests of the funds themselves to support this course.
Inflation fall driven by policy not globalisation
Globalisation is not the main factor in dampening inflationary pressures, as commonly suggested, argued Axel Weber, the president of the Bundesbank.
Former Hungarian governor joins race for EBRD job
Budapest has nominated Gyorgy Suranyi, a former governor of the National Bank of Hungary, to succeed Jean Lemierre as president of the European Bank for Reconstruction and Development (EBRD).
Markets underestimate ECB's inflation fears
Bets on interest rate decisions fail to take into account the seriousness of the inflation situation in the eurozone, said Axel Weber, the president of the Bundesbank who also sits on the European Central Bank's (ECB) governing council.
London calling for Czech governor Tuma?
The Czech government has nominated Zdenek Tuma, the governor of the Czech National Bank, to become the next president of the London-based European Bank for Reconstruction and Development (EBRD).
Subprime writedowns could total $400 billion: G7
Central bankers and finance ministers from the group of seven most powerful economies now believe subprime-related writedowns could far exceed previous estimates, Peer Steinbruck, Germany's finance minister, revealed.
Bundesbank gets bigger supervisory role
The Bundesbank is poised to take broader responsibility for operational banking supervision in Germany after the central bank and BaFin, the country's financial regulator, agreed rules to clarify their supervisory roles.
Six lessons from the recent turbulence
Hermann Remsperger, a member of the executive board at the Bundesbank, outlined the lessons that have emerged so far from the turmoil that has plagued financial markets since August.
Cyprus and Malta join gold agreement
Cyprus and Malta, the two newest members of the eurozone, have signed up to the Central Bank Gold Agreement, which limits the amount of gold cooperating institutions can sell.
ECB sticks to inflation line amid OECD cut calls
Jean-Claude Trichet, the president of the European Central Bank, and fellow members of the rate-setting governing council have defended the central bank's decision to fight inflation, in spite of increasingly vociferous calls for them to cut rates.
Global stocks plummet on US recession fears
Shares in Asia and Europe plunged on Monday amid concern that a United States recession would hit global growth. The Toronto stock exchange was also down by more than 4% at midday trading.
Top European politicians attack SWFs
Nicolas Sarkozy, France's president, on Saturday criticised the hypocrisy of sovereign wealth funds which are keen to buy foreign firms but disallow outside ownership in their own economies. His comments followed those of Charlie McCreevy, an EU…
Injections were vital: Deutsche Bank's Ackermann
Central banks' liquidity injections were crucial in averting the collapse of financial institutions, said Josef Ackermann, the chairman of Deutsche Bank.
Decision supports ECB on counterfeit check
The European Central Bank (ECB) won backing from a French court on Wednesday for the right to use a method to detect fake notes.
Binned Bundesbank secrets found by hairdresser
A Berlin-based hairdresser has found secret drawings for a Bundesbank vault in a bin in the centre of the German capital.
UK moves to encourage SWF investment
The British authorities on Tuesday launched a charm offensive in a bid to coax sovereign wealth funds to invest in UK business.