Merkel Defends ECB, Bundesbank
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.
ECB To Buy Short-Term Bonds With No Public Cap: Sources
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.
ECB Rescue Plan Still Short on Details
ECB President Mario Draghi is set to unveil his bond purchase plan on Thursday.
Bundesbank Head Said to Have Threatened Resignation Over Bonds
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.
Draghi Pushes Germany on ECB
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.
Merkel Battles Headwinds at Home Over Greece
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.
ECB Battle: Draghi vs. Weidmann
ECB President Mario Draghi is challenging Bundesbank President Jens Weidmann’s opposition to a plan for the ECB to reenter the bond markets.
Draghi Tested on Euro Crisis
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.
Eurozone Unemployment Sets Record
Unemployment throughout the eurozone hit a record, statistics revealed, with the numbers for many individual nations following suit.
Draghi’s Dilemma: ‘Whatever it takes’ Could Alienate Fellow ECB Members
Mario Draghi, president of the ECB, may have painted himself into a corner with his London speech on Thursday promising to do “whatever it takes” to rescue the euro.