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No winners and Losers from Covid-19: Germany central bank
... also a Grab at Soft Power Shop Is None Asia s Richest Man Looks at Walton Family Playbook on Succession No Winners and Losers from a Year of Ranking Covid Resilience None of An Arab City s Booming Art Scene Is Also a Grab at Soft Power Germany 's Bundesbank warned that a remarkably low number of business failures during the Covid-19 epidemic shouldn't be seen as a guide for future risks. The financial system emerged largely uncathed after banks didn't face a serious test thanks to government support ...
Updated: 11/25/2021
Eurozone inflation fears swirl
... tightening policy after years of unprecedented stimulus, as it keeps inflation above the European Central Bank 's 2% target. In Germany , the number of complaints about labour shortages has gone up, as well as among our European neighbours, according to Bundesbank President Jens Weidmann . There will be tensions on the labour markets in the future, which could make it easier for employees and trade unions to push through noticeably higher wages. There is very little evidence out there to support these ...
Updated: 11/25/2021
5 things to know before the World Cup
... has resulted in downward revisions to the growth outlook, and a worsening of the epidemic has put the country on alert for a possible lock-down. Inflationary pressures are threatening to restrain German output in the coming months. According to the Bundesbank, a November reading could be less than 6%, according to the inflation data due Monday. None of the Wildfires Are Worse, and One Chemical Company is Reaping the Benefits. Child care became the most broken business in America, according to none ...
Updated: 11/25/2021
Meet the candidates to replace Jens Weidmann as chancellor
FRANKFURT Reuters' next government is expected to pick a new head of the Bundesbank, the national central bank, by the end of the week. FRANKFURT Reuters -- Germany 's next government is expected to pick a new head of the Bundesbank, the national central bank, by the end of the week. The three parties that are negotiating ...
Updated: 11/23/2021
ECB official says inflation risks are increasing
... preference. She said that it is important to acknowledge the crucial role of that flexibility. Net asset purchases will not disappear once the PEPP is reduced to zero. The PEPP is not going to end in March. Asked if she would be interested in the job of Bundesbank president to succeed Jens Weidmann when he leaves in December, Schnabel said she didn't want to feed speculation and was focusing on the upcoming major decision of the European Central Bank . None of the Wildfires Are Worse, and One Chemical ...
Updated: 11/23/2021
Be prepared for German Inflation Spike: Bundesbank
Bundesbank See German inflation is close to 6% and be prepared for a German Inflation Spike Close to 6 speculate about the New York City is building a Wall of Oysters to Fend off floods if there is a wall of oysters toFend off flooding if there was a ...
Updated: 11/22/2021
German economy: inflation could stay above 3%
... Federal Reserve Bank in Frankfurt . The central bank of Germany has said on Monday that the German economy is taking a breather as a lack of goods and labour and new restrictions designed to fight the coronaviruses has put an end to its recent boom. The Bundesbank also warned that inflation in Europe 's largest economy was likely to stay above 3% for some time and that upcoming wage negotiations should deliver large increases. Germany 's economy boomed as services were opened for business in the first ...
Updated: 11/22/2021
Ex-Credit CEO Jean Pierre Mustier in shortlist for UBS chairman
... non-Swiss citizen. Two of the sources said Swiss banker Philipp Hildebrand , a former head of the Swiss central bank who joined BlackRock in 2012, has been ruled out of the shortlist. Jens Weidmann , a German politician who is due to leave his role as Bundesbank President on December 31 for personal reasons, was initially seen as a possibility but he is subject to a one-year cooling off period once he leaves, making him an unlikely candidate for a transition in 2022. Spokesmen for Weidmann and Hildebrand ...
Updated: 11/19/2021
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