-
By Marlene Y. Satter, AdvisorOne |
September 17, 2012
Chancellor Angela Merkel of Germany defended both sides of the bond-buying issue, saying that politicians should stay out of ECB limits in bond purchases but championing the right of the Bundesbank head to challenge them.
-
By Marlene Y. Satter, AdvisorOne |
September 10, 2012
Billionaire financier George Soros said that Germany's insistence on austerity measures, if not checked and replaced by growth strategies, will push the region into a depression.
-
By Marlene Y. Satter, AdvisorOne |
September 5, 2012
ECB President Mario Draghi’s plan to buy bonds will be unlimited but will also be focused on government bonds with short maturity, and also will be sterilized to avoid any charges that the central bank is printing money.
-
By Marlene Y. Satter, AdvisorOne |
September 4, 2012
ECB President Mario Draghi is set to unveil his bond purchase plan on Thursday.
-
By Marlene Y. Satter, AdvisorOne |
August 31, 2012
Jens Weidmann, president of Germany’s Bundesbank, reportedly threatened to resign over the issue of bond purchases by the ECB, according to a German tabloid.
-
By Marlene Y. Satter, AdvisorOne |
August 30, 2012
The ECB head wants to buy bonds, and he doesn’t want to wait—and says it’s not necessary—to wait for closer political unity among European nations to do so.
-
By Marlene Y. Satter, AdvisorOne |
August 28, 2012
The ECB is advocating a looser standard on eligibility of assets that can be used to satisfy a draft liquidity rule from the Basel banking committee, over concerns that the current definition is too restrictive on credit in the midst of the financial crisis.
-
By Marlene Y. Satter, AdvisorOne |
August 27, 2012
Chancellor Merkel of Germany took to the airwaves over the weekend to try to quell ever-louder exitmongering talks among her political colleagues at home as they declared that Greece should depart the eurozone.
-
By Marlene Y. Satter, AdvisorOne |
August 3, 2012
ECB President Mario Draghi is challenging Bundesbank President Jens Weidmann’s opposition to a plan for the ECB to reenter the bond markets.
-
By Marlene Y. Satter, AdvisorOne |
August 2, 2012
Should ECB President Mario Draghi fail to come up with an effective tactic to quell market fears over the eurozone crisis, it could make the situation worse than ever.