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Germany

Tietmeyer may become 'God's banker'

According to the Catholic News website, Pope Benedict has sounded out former Bundesbank president Hans Tietmeyer for the key post as head of the Institute for Religious Works, better known as the Vatican Bank.

Deutsche Bundesbank Monthly Report, July 2006

The Deutsche Bundesbank published the English version of its July 2006 Monthly Report on 10 August. The report said the German economy likely gained momentum in the second quarter, helped by the building industry and an influx of visitors to the soccer…

Buba paper on the diversification of German banks

The Bundesbank Discussion Paper "Does diversification improve the performance of German banks? Evidence from individual bank loan portfolios" investigates the link between banks' profitability (ROA) and their portfolio diversification across different…

Buba's Weber on challenges to the financial system

In the speech 'Challenges to the financial system - ageing and low growth' given on 6 July Axel Weber of the Bundesbank said while the world economy continues to see strong growth, the euro area's economic upswing remains by comparison rather sluggish.

Remsperger at the Monetary Stability Foundation

In welcome remarks to the Third conference of the Monetary Stability Foundation "Challenges to the financial system - ageing and low growth" given on 6 July Hermann Remsperger of the Bundesbank said the Foundation has now more or less completed its start…

Deutsche Bundesbank Monthly Report, May 2006

The Deutsche Bundesbank published the English version of its May 2006 Monthly Report on 20 June. The report said the outlook for the German economy is 'mainly favourable' as it expects domestic demand will continue to recover.

Buba's Meister warns on Euronext/NYSE plans

Bundesbank Executive Board member Edgar Meister said in an interview that a merger between Euronext NV and the New York Stock Exchange would stop the process of integration in the financial markets of Europe, and could possibly disrupt it for a longer…

Buba's Remsperger on global imbalances

In the speech 'Global imbalances and policy implications' given on 9 May Hermann Remsperger of the Deutsche Bundesbank said the build-up of currency reserves in some Asian countries has now lost momentum.

Buba's Weber on European financial integration

In the speech 'European financial integration and (its implications for) monetary policy' given on 23 May Axel Weber of the Deutsche Bundesbank said financial integration is a mostly beneficial process which is driven by market forces as well as…

Nickell: 'Are Europeans lazy? Or Americans crazy'

In the speech 'Are Europeans lazy? Or Americans crazy?' given on 27 May Stephen Nickell of the Bank of England said there is no clear explanation as to why people in France and Germany work less than those in Britain, the United States or in Scandinavian…

Weber on oil price shocks and monetary policy

In the speech 'Oil price shocks and monetary policy in the euro area' given on 11 May Axel Weber of the Deutsche Bundesbank said the inflationary risks connected with runaway record oil prices are likely to increase as the economic recovery in the…

Weber charts course for ECB rate rise

European Central Bank council member Axel Weber said in an interview published Tuesday 9 May that interest rates need to be increased by at least a quarter point to curb inflation in the eurozone.

Weber on forecasting in eurosystem central banks

In the speech 'Forecasting in eurosystem central banks - Overview and challenges' given on 5 May Axel Weber of the Bundesbank said the European Central Bank's economic forecasts will be based on market expectations for interest rates in future, rather…

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