July 29, 2013
As we reported in today’s press summary, there has been an interesting development in the push for greater transparency at the ECB.In a joint interview with Süddeutsche Zeitung and Le Figaro, Benoît Cœuré (BC) and Jörg Asmussen (JA), ECB Executi…
Posted by Open Europe blog team
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asmussen, bundesbank, Draghi, ECB, ECB Governing Council, ecb rate cut |
July 24, 2013
Our German-based partner organisation Open Europe Berlin has published on its blog an exclusive interview with Professor Bernd Lucke – founder and leader of Germany’s new anti-euro party Alternative für Deutschland (AfD). We have translated some of th…
Posted by Open Europe blog team
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AFD, bailout, bernd lucke, ECB, emu, eurozone, eurozone exit, german elections, germany, interview |
As we noted last week on CNBC, a deal was always likely this time round in Greece:”We’ve got German elections coming up in September and no one wants to have that talk of how we’re going to fund Greece for the next three or four years. So they just wan…
Posted by Open Europe blog team
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austerity, bailout, ECB, eurogroup, eurozone, Greece, labour market reform |
While the US has its Independence Day, Europe looks to be having its Forward guidance day.Bad puns aside, it’s actually been quite an interesting day in the world of central banking in Europe.First we had the new Bank of England Governor Mark Carney …
Posted by Open Europe blog team
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bank of england, Draghi, ECB, ECB Governing Council, ecb rate cut, forward guidance |
UPDATE (17:15) – First reports of an agreement to keep the coalition alive. Stay tuned for more details. UPDATE (16:40) – Portuguese Prime Minister Pedro Passos Coelho and Foreign Minister Paulo Portas have just come out of another (swift) round of tal…
Posted by Open Europe blog team
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anti-austerity, austerity, Coalition, ECB, eurozone, Passos Coelho, Portugal, Portuguese bailout |
A surprise development in Portugal this afternoon, as Finance Minister Vítor Gaspar has announced his resignation. The office of Portuguese President Aníbal Cavaco Silva has said in a note that Gaspar will be replaced by Maria Luís Albuquerque – one…
Posted by Open Europe blog team
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ECB, eu, eurozone, eurozone crisis, Gaspar, imf, Passos Coelho, Portugal, Portuguese bailout, troika |
An interesting report popped up on Reuters this afternoon. According to internal documents seen by the news agency, the UK has secured another important safeguard on financial services.Specifically, during last week’s negotiations over the controvers…
Posted by Open Europe blog team
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britain in europe, British diplomacy, clearing houses, ECB, ECJ, eurozone, single market, UK safeguards |
The hearing at the German Constitutional Court into claims against the ECB’s crisis policies is now over. Day one saw verbal jousting between the two men to the left (Bundesbank President Jens Weidmann and ECB Executive Board Member Jörg Asmussen) whi…
Posted by Open Europe blog team
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asmussen, ECB, ECJ, German Constitutional Court, german media, German public opinion, OMT, weidmann |
The new German anti-euro party Alternative für Deutschland’s radically different take on the eurozone compared with the rest of the German political establishment has generated a lot of interest both inside Germany and beyond. As such it was no surp…
Posted by Open Europe blog team
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AFD, bernd lucke, britain in europe, Cameron's EU speech, ECB, eurozone bailouts |
June 11, 2013
The German Constitutional Court in KarlsruheThe German Constitutional Court’s (GCC) hearings into the legality of the ECB’s actions to combat the eurozone crisis – and specifically the OMT bond buying programme – kicked off this morning. (See h…
Posted by Open Europe blog team
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bundesbank, ECB, German Constitutional Court, German public opinion, OMT, schauble, weidmann |
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