Germany

IMF Staff Report on Germany

REPORT - IMF Publications Germany: 2001 Article IV Consultation--Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion Series, 7 November.

Buba Welteke - ECB rate policy no hinder to growth

GERMANY - The European Central Bank's interest rates aren't an obstacle to growth, long-term and real interest rates are low and the ECB must avoid letting long-term inflation expectations build up, Deutsche Bundesbank President Ernst Welteke repeated,…

Buba declines comment on job cuts report

GERMANY - The Bundesbank on Wednesday declined to comment on a newspaper report it would have to slash 6,000 jobs or around a third of its workforce under a reform aimed at streamlining its structure.

ECB gold reserves to 26 October

GERMANY - The Eurosystem's net reserves of gold and gold receivables declined by EUR1 million to EUR128.2 billion in the week ended 26 October, the European Central Bank said Tuesday.

Rate cut row mars summit

GERMANY - The European Union has called for the European Central Bank (ECB) to take "further decisive action" in easing monetary policy in order to boost the eurozone's economy.

ECB net gold reserves decline in Oct 12 week

GERMANY - The Eurosystem's net reserves in gold and gold receivables declined by EUR1 million to EUR128.2 billion in the week ended 12 October, the European Central Bank said Tuesday.

Duisenberg calls for 12 more months as ECB leader

GERMANY - Wim Duisenberg has virtually ruled out any prospect that he would step down as European Central Bank president halfway through his term by making clear he wanted to stay in his job for at least the next 12 months.

Rates and price goals in harmony - Hamalainen

GERMANY - European Central Bank executive board member Sirkka Hamalainen said Friday 5 October in a speech that the ECB continues to pursue a "steady-hand" monetary policy, rather than an activist one following the 11 September terrorist attacks in the U…

ECB probes fishy tale of Dutch euro bank note

GERMANY - The European Central Bank was investigating an embarrassing breach of security on Monday after a man used a five-euro note to buy fish food from a Dutch shop three months before the single currency becomes legal tender.

Bundesbank chief backs tighter scrutiny

Germany's Bundesbank put its weight behind Berlin's efforts to combat money laundering and tighten up scrutiny of potential terrorist accounts on Tuesday, in spite of possible infringements of bank secrecy.

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