ECB (European Central Bank)

Insurance state: ECB has in fact assumed state financing

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opinion Public finance The all-powerful insurance state can create money for everyone and everyone – – Stand: 12:16 p.m. | Reading time: 4 minutes – – – The European Central Bank has actually taken over the financing of the states, says economist Thomas Mayer Source: Getty Images / Ed Pritchard, Thomas Mayer Marc Comes / … Read more

ECB director Isabel Schnabel: “The additional losses of savers are negligible”

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money ECB director Isabel Schnabel “The additional losses of savers are negligible” – – Status: 7:36 p.m. | Reading time: 2 minutes – – – Isabel Schnabel is the director of the European Central Bank Source: pa / dpa / Bernd von Jutrczenka – – German director of the European Central Bank, Isabel Schnabel, defends … Read more

Negative interest rates: ECB gives away 13 billion euros to banks

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Money 13 billion The ECB is making banks an historic negative interest-gift – – Status: 18.06.2020 | Reading Time: 3 Minutes – – – – ECB grants new loans in the amount of 1.31 trillion euros – – The European Central Bank has provided banks in the Euro area in the Corona-crisis loans in the … Read more

ECB reloads tremendously and walks on the “traces of the Reichsbank”

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Europa is in the rescue race. Governments across the currency area are launching billion-dollar programs to combat the aftermath of the pandemic. The expectations of the European Central Bank (ECB) to do their part in the trillion game were correspondingly high. But the monetary authorities have delivered even more than the financial markets had hoped … Read more

Corona aid: Italy’s fear of Europe’s billions

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Es was a marathon session under difficult video conference conditions and with many interruptions. For three days before Easter, the EU finance ministers negotiated joint EU aid for states that could be overwhelmed by the financial consequences of the Corona crisis. The result is remarkable: A € 500 billion aid package for companies, employees and … Read more

Inflation Returns: How To Protect Your Wealth

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I.n hurriedly scheduled emergency meetings, monetary politicians in almost all major economies have announced several hundred billion programs that add up to trillions of dollars. A real tsunami of liquidity is rolling in on the markets and economies. This creates a danger reminiscent of the 1920s: the return of inflation. Even if the big price … Read more

Monetary policy: the ECB is now questioning the Bundesbank’s legacy

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IThe European Central Bank (ECB) has given the go-ahead for the revision of the monetary policy strategy. It has been one of the major mammoth projects of the monetary watchdogs since the ECB was launched 20 years ago. The monetary policy strategy provides the framework for the decisions of the Governing Council. How much leeway … Read more