How to pronounce“ecb”in English

The ECB can't do that.

The ECB has the same view with Ireland.

The Europeans had one ECB.

as collaterals of the ECB.

You know that ECB?

Europe as well as ECB and IMF that's the official creditors now for Greece.

and the ecb are doing is really questioned in terms of economic growth but that there's some bubble out there in terms of

the way i describe ecb policy and federal reserve policy is a lot like

at the ECB those are consequential but am I right in hearing from you that you

countries through the ecb something like 850 billion euros it's over a trillion now it's over a trillion right so but that's without any german citizens

different from the ecb's operations and as the market came to see all those different components more clearly we took a lot of risk premium out still a

uh and the ECB was not, you know, it was keeping them relatively high, the

This time it's not ECB credibility versus the moral hazard trade.

mario draghi basically said that the ecb is ready to do whatever it takes to keep the eurozone together and at least looking at the data from

the great disadvantage of the ecb is they're doing fiscal policy waiting for politicians to build the durable infrastructure with those three things

so the euro is existential to the ecb and so that uh the central bank does have to act um

solvent and that's why the ecb has asked for the conditionality i think so the ecb has is asking germany and the

if they are intertwined then the ecb does have to worry about fiscal policy

the the very awkward position ecb these ecb officials are in now with national governments um

had a central bank the ecb so the analogy then is that the member

in the meetings here is the ecb is a separate institution right but it isn't you know it has a huge balance sheet now and if the ecb is could be broke as well

actually taxation without representation because basically the ecb through the ltr programs the ela programs through all the other target two programs

But one of the things that's come out of the ECB's policy-- aside from the fact that there is criticism from certain

We had $30 billion of debt to the ECB, which, if we restructured-- and we were perfectly within our legal rights to do so,

fell sharply, so the ECB started to call on the margin.

Remember the whole story I told you about the ECB and credibility and all the rest of it?

Eventually we got the insurance companies collaborating with the ecb, we got all investors.

And a lot of the issues of should the ECB step in have led to data advances.

Our central bank, ECB same.

earn different interest rates so despite the fact that the ecb and the boj pay a negative interest rate on access

you can see the difference between this swapped ecb rate minus the ioer

and it's going to be hard for the ecb to get it out uh while maintaining conditionality i think i think that's really the

uh sorry how do you see uh high rates affecting the ecb's balance sheet negatively or or their uh you know their

countries, like Germany against the ECB-- because they're like, our country's fine, we have savers, we're developing, we don't need this whole easing thing,

As I said before, this is the ECB, being Deutschbank Uber Alles, taking inflation and devaluation risk off the table.

I've got the ECB over a bottle.

happen the plastic is full of persistent organic pollutants they have an ECB dmt

uh you know it's it may be true that the actions of the ecb also had some effect on that front so we now see that these expected

things you need for for the euro to work well fiscal transfer union the ecb is doing right now by accepting large target two imbalances which are

omts they will be buying sovereign debt and funding them by issuing deposits of the ecb which happens to be a pan-european issuer

now a central bank can do fiscal policy for only a while the ecb ecb's great advantage in all this

if you instead think that spain and italy are not solvent then clearly the ecb is getting into fiscal policy

hi i was wondering if you could explain a little more why the ecb should

between the smp the the ef sf um the ltro program the ecb's balance

it's taken for granted now and certainly that's draghi's view at the ecb that the ecb has to has to bail out by buying the debt of of the uh of the

is that if other countries are asked to pony up money to recapitalize the ecb it's going to be germany so what we're having in europe now is actually rep is

but a footnote on this if i may yeah people talk about the ecb as if it were a financial institution but it's

Printing money was printed by the ECB, but it was administered by national banks.

see how they pick up on it in May, and the story goes that the ECB basically