BERLIN (Reuters) – The danger to the euro zone economy from the coronavirus pandemic is not yet over, European Central Bank board member Fabio Panetta told La Repubblica, adding that he saw no need to make any tweaks to the bank’s massive asset purchase progra... More »
FRANKFURT (Reuters) – The German economy is rebounding from a pandemic-induced slump after hitting bottom last month, a real-time indicator developed by the country’s central bank showed on Monday. Launched in the wake of coronavirus outbreak, the Bundesbank’s... More »
FRANKFURT (Reuters) – German regulators twice looked into tightening the supervision of collapsed payments firm Wirecard and discussed it with the German and European central banks but no action was taken, a person with direct knowledge of the talks told Reute... More »
BERLIN (Reuters) – Changes to the composition of Germany’s top court are likely to make it less confrontational towards the European Central Bank following a ruling about bond purchases that sent shockwaves around Europe, according to two sources close to the ... More »
FRANKFURT (Reuters) – German economic growth will remain weak in the first quarter of 2020, weighed down by weak exports and the coronavirus outbreak in China, the Bundesbank said in a regular economic report on Monday. Europe’s largest economy stagnated in th... More »
FRANKFURT (Reuters) – Euro zone governments must reform their economies and use appropriate fiscal policies to ensure that the European Central Bank is not overburdened, German Chancellor Angela Merkel said on Thursday. Speaking at an event in Frankfurt, home ... More »
BERLIN (Reuters) – German Chancellor Angela Merkel exchanged views with European Central Bank President Mario Draghi on Monday, her spokesman said, as part of her regular informal meetings with leaders of European institutions. Merkel’s spokesman, Steffen Seib... More »
FILE PHOTO: Jens Weidmann, President of German Bundesbank attends the Generation Euro Students’ Award ceremony at the European Central Bank (ECB) headquarters in Frankfurt June 20, 2012. REUTERS/Alex Domanski/File Photo FRANKFURT/BRUSSELS (Reuters) – Euro zone... More »
The European Central Bank should be careful not to miss the right moment to tweak its policy stance, Bundesbank President Jens Weidmann, one of the ECB's top critics, said on Friday. More »
Canada’s Finance Minister Bill Morneau (R) speaks with Bundesbank President Jens Weidmann during the G7 for Financial ministers meeting in the southern Italian city of Bari, Italy May 12, 2017. REUTERS/Alessandro Bianchi An economic recovery and robust outlook... More »
Andreas Dombret, member of the board of the Deutsche Bundesbank speaks during a news conference at the Deutsche Bundesbank’s Regional Office in Hesse in Frankfurt October 26, 2014. REUTERS/Ralph Orlowski There is no rush to complete new bank capital rules give... More »
FRANKFURT Britain’s vote to leave the European Union should have limited immediate economic impact on Germany, the country’s central bank said on Monday, noting the mood among enterpreneurs remained positive. The Bundesbank expects the German economy to have c... More »
BERLIN Economic sentiment in the euro zone deteriorated more than expected in January as an economic slowdown in China and its impact on the world economy unsettled investors, survey data released on Monday showed. The Frankfurt-based Sentix research group’s i... More »
ATHENS Greece faces relatively low debt servicing needs in the coming years and further debt relief is not a matter of urgency, Greek financial daily Naftemporiki quoted European Central Bank Governing Council member Jens Weidmann as saying on Thursday. “In 20... More »