January 19, 2017
by Marcel Fratzscher
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Statement on the meeting of the Council of the European Central Bank (ECB), January 19, 2017

ECB President Draghi has clearly signaled a continuation of its current course of monetary policy. The rising inflation trend is a positive, welcome development for everyone. Especially Germany should welcome the positive trend in inflation. The sooner the ECB can achieve its price stability objective of 2%, the sooner the ECB can end its expansionary monetary policy stance.

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April 21, 2016
by Marcel Fratzscher
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Spotlight: helicopter money

In the latest Spotlight, DIW President Marcel Fratzscher explains why helicopter money offers the possibility to “circumvent” the banking system and make loans and funding directly available to households and private companies, which would help the ECB to fulfill their price stability mandate again.

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April 13, 2016
by Marcel Fratzscher
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Mere criticism of the ECB is no solution

Joint op-ed by: , , , , , and published on Bruegel.org. A shorter version of this op-ed was published in FAZ.

The eurozone remains in a deep, largely macro-economic crisis. A robust global economy and falling oil prices have supported Europe’s economy for some time, but by now it is clear that the eurozone will only be able to pull itself

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