Frank Wiebe covers finance for Handelsblatt in Frankfurt. To contact the author: [email protected]
The bank's halt to fresh bond purchases exposes the bloc's structural risks, especially the doom loop between banks and Italian government debt.
The European Central Bank officially ended its asset-purchase scheme but pledged to keep channeling stimulus into the 19-member currency bloc.
The European Central Bank will confirm the end to its controversial bond-buying program after Thursday's policy meeting. But it may be wringing its hands over slow economic growth, and how to offset it.
Despite Berlin's pledge to keep the Iranian nuclear deal alive, German banks are so scared of breaching US sanctions that they are refusing to process payments from Iran.
Many ideas to strengthen the euro-zone involve a "mutualization of risk" without enough accountability, says Jens Weidmann, boss of Germany's central bank. This oft-repeated message taps into a German school of thought that's easy to spot.
Germany’s central bank changed its terms and conditions so that it can more tightly control withdrawals. The move is seen as bowing to US pressure over trade with Iran.
The difference to previous cases: Berlin and the Bundesbank both back the ECB on a challenge over the legality of the program by hardline German politicians — but not completely.
Reform of the euro zone is a good solution to German fears of another costly downturn, François Villeroy de Galhau, head of France's central bank, tells Handelsblatt.
The European Central Bank is obsessed with its autonomy. Overly sensitive to all manner of criticism, its rejection of external supervision poses a threat to the very independence it cherishes.
A Bundesbank exhibit pays tribute to Germans' deep-seated love of the precious metal while honoring postwar economic prowess.