Deutsche Bundesbank

Welteke sees no need for rate cuts now - report

PORTUGAL - Current European Central Bank interest rates are appropriate and there is no need for a cut at this time, Bundesbank President and ECB governing council member Ernst Welteke said in a newspaper interview published Friday.

Buba's Welteke sees no '01 recession in Germany

GERMANY - Germany's economy is not in a recession and will grow at a small rate "above zero" in 2001, Deutsche Bundesbank President Ernst Welteke told German daily Frankfurter Rundschau in an interview conducted 22 October, but published on Friday.

Speech by Jurgen Stark of the Deutsche Bundesbank

SPEECH - Speech by Dr. Jurgen Stark, Deputy Governor of the Deutsche Bundesbank. The speech titled 'The euro - the new European money' considers the historical background to the euro, essential features of the new system and the future outlook for the…

Buba Welteke - ECB rate policy no hinder to growth

GERMANY - The European Central Bank's interest rates aren't an obstacle to growth, long-term and real interest rates are low and the ECB must avoid letting long-term inflation expectations build up, Deutsche Bundesbank President Ernst Welteke repeated,…

Buba declines comment on job cuts report

GERMANY - The Bundesbank on Wednesday declined to comment on a newspaper report it would have to slash 6,000 jobs or around a third of its workforce under a reform aimed at streamlining its structure.

Bundesbank chief backs tighter scrutiny

Germany's Bundesbank put its weight behind Berlin's efforts to combat money laundering and tighten up scrutiny of potential terrorist accounts on Tuesday, in spite of possible infringements of bank secrecy.

Yugoslavia outlines plans for euro swapover

YUGOSLAVIA - Yugoslavia's central bank said on 13 September it had ordered a euro equivalent of 540 million German marks from the Bundesbank in a first step to reshaping its forex reserves ahead of the launch of euro notes and coins.

Federal Reserve Research

RESEARCH - International Finance Discussion Papers, An Empirical Comparison of Bundesbank and ECB Monetary Policy Rules by Jon Faust; John Rogers; and Jonathan H. Wright, August 2001.

French/German growth difference not structural

GERMANY - France's economic growth has outpaced that of Germany for several years recently but the stronger growth was due to special, not structural factors and the gap should narrow in the future, the Bundesbank said on 16 August.

Speech by the Bundesbank's Juergen Stark

SPEECH - Deputy Governor of the Deutsche Bundesbank, Dr. Jurgen Stark, spoke at the International Conference organised by the Konrad Adenauer Stiftung and the Brazilian Institute of Economics - Getulio Vargas Foundation "International financial…

Speech by the Bundesbank's Hermann Remsperger

SPEECH - Address at the Symposium, Hedonic Methods in Price Statistics, Wiesbaden, 21 June, by Professor Hermann Remsperger, Member of the Board of the Deutsche Bundesbank. The Evolution of Inflation Measurement: A Central Banker's View.

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