Calls for Corona Bonds Met with Familiar "Nein"
#International #Europe #Coronavirus #EuroBonds #EuropeanCentralBank

The danger of a new euro crisis is growing․ Weak member states like Italy need help if they're going to survive the coronavirus lockdown financially․ But the call for euro bonds has been met with stiff resistance -- especially from the Germans․

Interview with ECB Vice President de Guindos: "We Had to Act"
#International #Business #EuropeanCentralBank #EuroCrisis #Coronavirus

The European Central Bank's bond-buying program has been heavily criticized in Germany․ But ECB Vice President Luis de Guindos says it is a necessity in these times of crisis․ He also praises the German response to the economic impacts of the coronavirus pandemic․

Monetary Policy Expert David Marsh: "We Are Witnessing the End of Independent Central Banks"
#International #Business #EuropeanCentralBank #DebtCrisis #EuropeanUnion

Former investment banker David Marsh is critical of the European Central Bank and the U․S․ Federal Reserve for having transformed themselves into political instruments․ Inflation, he says, isn't dead - and it will come back․

Bank of France Governor François Villeroy de Galhau: "We Now Need a Growth-Friendly Agenda"
#International #Business #Coronavirus #EuropeanCentralBank #EuroBonds #DebtCrisis

Bank of France Governor François Villeroy de Galhau is optimistic about the future despite the second wave of the coronavirus․ And he is full of praise for Germany․

Controversial Eurozone Accession: Concerns Rise as Bulgaria Prepares to Join the Euro
#International #Europe #Bulgaria #EuroCrisis #EuroCrisis2010 #DebtCrisis #BankingandFinance #EuropeanCentralBank #GreekDebtCrisis2010 #EuropeanUnion

Bulgaria has significant problems with corruption and money laundering․ Nevertheless, the European Union is prepared to accept the country as the next member of the eurozone․ Many fear that might be a bad idea․

Interview with Central Bank Expert David Marsh: Evaluating ECB President Christine Lagarde After Two Years of Crisis
#International #Europe #EuropeanCentralBank #EuroBonds #DebtCrisis

European Central Bank President Christine Lagarde has now been on the job for two years․ Thus far, her term has been plagued by the COVID-19 crisis․ But soon, says central bank expert David Marsh, she will have to start transitioning to normalcy․ What, though, might that look like?

One Wrong Word Can Cost Billions: A Day with ECB President Christine Lagarde
#International #Europe #EuropeanCentralBank #EuropeanUnion

Europe is threatened by recession, war and a deep economic crisis․ Christine Lagarde, the head of the European Central Bank, is fighting a steep increase in prices as the continent experiences its worst inflation since the introduction of the common currency․ Can she pull it off?

Gita Gopinath: "The Fight against Inflation May Take Somewhat Longer"
#International #Business #GermanEconomy #EuropeanUnion #EuropeanCentralBank

Whether it is Europe's inflation struggle, China's real estate crisis or global protectionism, Gita Gopinath is skeptical about the immediate future․ In an interview, though, the deputy head of the IMF also sees small glimmers of hope․

The Specter of Stagflation: Woes Grow for ECB in Battle Against Inflation
#International #Business #EuropeanCentralBank #EuropeanUnion

The European Central Bank is increasingly desperate in its fight against inflation․ Will further interest rate hikes strangle the economy for good? Some are now looking to unconventional measures to turn things around․