Open Europe Blog

Archives for trichet

ECB Presidency: Now what?

Axel Weber’s elevation to President of the European Central Bank was long seen as a mere formality – a natural step towards the realisation of a”German-speaking euro”. So reports in today took plenty of people by surprise, including Chancellor Merkel a…

Posted by Open Europe blog team

The Bundesbank isn’t exactly happy about the ECB’s decision to start bying government bonds directly from banks – effectively making the once heralded ‘independent’ bank a dumping ground for bad eurozone loans. The ECB has bought some €25 billion wor…

Posted by Open Europe blog team