Germany

Clearing and settlement of securities: in Europe

SPEECH - Speech by Tommaso Padoa-Schioppa, Member of the Executive Board of the European Central Bank, at the Symposium of the Deutsche Bundesbank, Payment and Securities Settlement Systems in Germany against the Background of European and International…

Kohler says IMF may look again at 'Tobin tax'

GERMANY - Horst Kohler, the International Monetary Fund's managing director, on Monday acknowledged recent calls by political leaders in Germany and France for more detailed discussions on how better to control international capital markets.

No major CPI impact from Euro intro

GERMANY - Germany's Federal Statistics Office said 5 September that the first results of a survey of retail prices don't so far show any significant impact on consumer prices from the euro's introduction.

CLASH BETWEEN GERMANY AND THE ECB

CENTRALBANKNET'S SPECIAL REPORT - In January this year, the German finance minister, Hans Eichel, underlined the government's commitment to reforming the financial sector with a proposal to create a unified financial services regulator, and in the…

Welteke - ECB focus is inflation, not growth

GERMANY - Ernst Welteke, member of the European Central Bank council, on 29 August said there were signs of a possible recovery of the euro zone's largest economy, but stressed the ECB's main task was to control inflation and not stimulate growth.

German wise man eyes lower GDP, ECB rates

GERMANY - Bert Ruerup, one of the German government's five economic advisers or "wise men", cut his forecast on 23 August for German growth in 2001 and said the way was clear for the European Central Bank to cut interest rates.

Juncker takes hard line on ECB reform

GERMANY - Luxembourg Prime Minister Jean-Claude Juncker was quoted on 22 August as saying a future reform of the European Central Bank's Governing Council should retain the principle of the equality of euro zone countries.

French/German growth difference not structural

GERMANY - France's economic growth has outpaced that of Germany for several years recently but the stronger growth was due to special, not structural factors and the gap should narrow in the future, the Bundesbank said on 16 August.

Macroeconomic risks of euro currency changeover

RESEARCH - A recent report, EMU Watch, from the Deutsche Bank looks at macroeconomic risks related to the final steps of the euro changeover 2001/02. The report looks at two main risks, macroeconomic demand and price risks, the other of dangers related…

French drop hope of replacing Duisenberg

GERMANY - France is apparently abandoning its hopes of replacing Dutch European Central Bank President Wim Duisenberg with a French president in 2002, when half of his eight-year term will be up, reports Der Spiegel.

Speech by the Bundesbank's Juergen Stark

SPEECH - Deputy Governor of the Deutsche Bundesbank, Dr. Jurgen Stark, spoke at the International Conference organised by the Konrad Adenauer Stiftung and the Brazilian Institute of Economics - Getulio Vargas Foundation "International financial…

Speech by the Bundesbank's Hermann Remsperger

SPEECH - Address at the Symposium, Hedonic Methods in Price Statistics, Wiesbaden, 21 June, by Professor Hermann Remsperger, Member of the Board of the Deutsche Bundesbank. The Evolution of Inflation Measurement: A Central Banker's View.

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