The European Central Bank (ECB) will end its Quantitative Easing (QE) programme within the year as the Eurozone continues growing. However, the inflation rate which is not increasing as much as the ECB officials would like, stands as a barrier to its monetary policy. According to Reuters, sources close to the ECB mentioned that the […]Will the end of QE come along with ECB’s inflation target?
January 17, 2018 by Leave a Comment
The European Central Bank (ECB) will end its Quantitative Easing (QE) programme within the year as the Eurozone continues growing. However, the inflation rate which is not increasing as much as the ECB officials would like, stands as a barrier to its monetary policy. According to Reuters, sources close to the ECB mentioned that the […]The ECB accuses the politicians of inaction, continues injecting billions to banks
July 13, 2017 by Leave a Comment
Last Saturday 8 July the Belgian newspaper De Standaard published an interview with Peter Praet, Member of the Executive Board and chief economist of the European Central Bank. Praet said it plainly “We do say that we still need a long period of accommodative policy before we are ready”. What he means by ‘being ready’ […]“We need to use the momentum globally to ensure that corporations pay their fare share of taxation”, EU Commissioner Valdis Dombrovskis outlines from the World Economic Forum 2017.
January 25, 2017 by Leave a Comment
At the third day of the World Economic Forum 2017 in Davos, the session “Taxation without Borders: A Fair Share from Multinationals” took place where tax-base erosion and profit shifting policies were discussed in view of the Panama Papers and the fact that countries lose tones of money when multinationals implement such strategies. Emerging countries […]Germany and Europe prepare for Trump’s America
January 16, 2017 by Leave a Comment
Germany, and more generally the EU, is now preparing in earnest to confront the groundbreaking changes in their relations with Trump’s America. Last week, both the German Chancellor Angela Merkel and her Federal minister for Finance Wolfgang Schauble, made direct and indirect statements about the policies now needed for Germany and the European Union. On […]European Court rules that ECB’s OMT program of 2012 is OK; not a word from Germany about returning the Greek 2010 courtesy
June 18, 2015 by Leave a Comment
Last Tuesday 16 June the European Court of Justice issued a historic decision ruling that Mario Draghi was legally correct when on 26 July 2012 speaking at the Global Investment Conference in London said the famous phrase, “…the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will […]More billions needed to help Eurozone recover; ECB sidesteps German objections about QE
May 18, 2015 by Leave a Comment
The Eurozone economy has been taking two steps forward and one step backward over the past few months. The minimal increase of the GDP growth rate to 0.4% during the first quarter of this year and the equally small increase of people in employment was accompanied by a fall of industrial production and a decrease […]German stock market is not affected by the Greek debt revolution while Athens is running out of time
February 4, 2015 by Leave a Comment
More than a week has passed since the Greek elections and the main European markets, except for the Greek one, do not seem to be influenced to a great extent by the victory of the left-party SYRIZA. The attempt of the Greek Prime Minister to calm down not only the markets but also the European […]Draghi’s top new year resolution: Quantitative Easing
December 26, 2014 by
The year 2014 is coming to an end and the major concern of the European Central Bank (ECB) and its president Mario Draghi was and still is the inflation rate that is way below the target of close but below 2%. The next monetary policy meeting of the ECB’s Governing Council will take place on […]
