. The straightforward solution for the ECB would be to sell the once purchased bonds, as they are the source of the extra … debt certificates by the ECB as an alternative way of absorbing liquidity. …

The ECB is a central bank with a high level of transparency. However, it still does not publish voting records or … effectiveness of the ECB’s monetary policy could be enhanced by enlarging its transparency. This is especially necessary if the …

policy. In order to avoid any appearance of conflicts of interest, the European Central Bank (ECB) felt motivated to tighten … the members of the ECB's Governing Council on their financial investments indicates a lack of clarity in the new … reviewed in order to prevent an erosion of confidence in the ECB. …

Court [Bundesverfassungsgericht] to the full allotment policy practiced by the ECB since October 2008. The comparison shows … that under this line of reasoning, the full allotment policy also contravenes the ECB’s mandate. Ultimately, therefore, the … ECB is not in court because of monetary financing, but rather in its role as a lender of last resort. Accordingly, a court …

this background, the President of the Bundesbank justified the ECB's monetary policy stance in recent speeches. At the same … die Sicht der Bundesbank zum derzeitigen Kurs der Geldpolitik zu erläutern. In seinen Stellungnahmen rechtfertigt er …The ECB decision to cut its benchmark interest rate in November 2013 has been severely criticised in Germany. Against …