Author: Justin Low | … Draghi fügte hinzu, dass die EZB auch weiterhin ihre Pflicht erfüllen wird: „Wir werden tun, was wir tun müssen, damit die Inflation und die Inflationserwartungen so bald wie möglich steigen, wie es unser Preisstabilitätsmandat erfordert. Speech by Jean-Claude Trichet, President of the ECB 22 October 2004. Ciò conferisce, a sua volta, alla BCE la capacità di influenzare i tassi di interesse su scadenze più lunghe e di orientare le condizioni economiche e finanziarie in senso più ampio. In this context, the inflation situation in the euro area has also become increasingly challenging. Dinner speech by Jean-Claude Trichet, President of the ECB at the Conference "Dollars, Debt and Deficits - 60 Years after Bretton Woods”" Madrid, 14 June 2004. by Jean-Claude Trichet, President of the ECB delivered at the Second Conference of the Monetary Stability Foundation, Frankfurt, 3 June 2004. Deuxièmement, une fois que nous connaissons la décomposition de l'inflation, nous pouvons poser cette question : quelle est la probabilité qu’elle persiste à moyen terme ? De Raad van Bestuur zal daarnaast in gelijke mate actief waken tegen inflatie en deflatie. It therefore has direct implications for price stability, and is no less relevant for the integrity of the euro area. Look at press releases, speeches and interviews and filter them by date, speaker or activity. Das betrifft vor allem Strukturreformen“, so der Präsident. Discover euro banknotes and their security features and find out more about the euro. Les réformes structurelles sont tout aussi cruciales s'agissant de leurs retombées en termes de croissance. Elles sont donc importantes pour toute banque centrale, mais davantage encore dans une union monétaire. ECB-rådet har vidare förbundit sig att publicera en redogörelse av de penningpolitiska diskussionerna. En ausencia de transferencias fiscales permanentes entre los Estados miembros, deben cumplirse dos condiciones mínimas para alcanzar estos objetivos: la primera es que todos los países de la zona del euro deben poder prosperar por sí mismos, la segunda es que los países de la zona del euro necesitan invertir más en otros mecanismos para compartir el coste de las perturbaciones. As head of the ECB, which sets short term interest rates, she has a major influence over the value of the euro. Referring to an open letter written by the economist John Maynard Keynes in 1933 to President Franklin D. Roosevelt on reform and recovery in the US, Mr Draghi argued that in the euro area today “without reform, there can be no recovery”. A questo proposito Draghi ha dichiarato che il problema delle barriere all’integrazione dei mercati dei capitali va affrontato con urgenza. Speech by Jean-Claude Trichet, President of the ECB, at the conference “Europe after the enlargement”, Center for Social and Economic Research (CASE), Warsaw on 9 April 2005. Read about the ECB’s monetary policy instruments and see the latest data on its open market operations. Dit kan in de eerste plaats via een krachtig kader voor begrotingsgovernance. Il en résulterait qu'une part importante des pertes économiques subies pendant la crise deviendraient permanentes, le chômage structurel demeurant supérieur à 10 % et le chômage des jeunes élevé. Lo stesso accade se la tipologia delle riforme è scelta con attenzione. Grazie agli acquisti di obbligazioni garantite che si aggiungono a quelli di ABS, sarà possibile condurre interventi di una portata tale da conseguire gli effetti voluti in termini di riequilibrio dei portafogli e di segnalazione. Euro on tullut jäädäkseen kaikkiin euroalueen maihin, ja näin täytyykin olla – ei vain siksi, että perussopimuksissa määrätään niin, vaan siksi, että muuten yhteinen raha ei olisi aidosti yhteinen. Dès lors, il semble vraisemblable que la prise de décision s’appuiera davantage sur l’appréciation, impliquant des arbitrages qui doivent être expliqués. Können die breite Öffentlichkeit und die Finanzmärkte verstehen, wie die EZB in einer bestimmten Situation voraussichtlich reagiert – wie sie also ihre sogenannte Reaktionsfunktion ausübt –, so können sie begründete Erwartungen in Bezug auf die künftige Geldpolitik formulieren. Dies würde auch den Abbau des in einigen Ländern nach wie vor bestehenden Schuldenüberhangs erschweren. Die zweite Möglichkeit liege in der Einführung eines Sicherungsmechanismus für Staatsanleihen. Kredietzwakte lijkt in deze landen bij te dragen aan economische zwakte. Lisäksi EKP:n neuvosto on sitoutunut julkaisemaan selonteon käymistään rahapoliittisista keskusteluista. Der Präsident hob das Risiko hervor, dass eine über einen zu langen Zeitraum niedrige Inflation sich in den Inflationserwartungen festsetzen könnte. Nov.17 -- European Central Bank President Christine Lagarde discusses the current economic landscape and the limits of monetary policy to prop up growth in a time of crisis. Deshalb sind Strukturreformen stets relevant für Zentralbanken, besonders aber in einer Währungsunion. Speech by Jean-Claude Trichet, President of the European Central Bank, delivered at the luncheon organised by the Economic Club of New York, New York, 26 April 2004. By making policies consistent across borders we have achieved positive results. Contribution by Christine Lagarde, President of the ECB during the session “Economic, financial and monetary impact of COVID-19 pandemic, and post-crisis options for policies and tools” English. The Single Supervisory Mechanism will enable supervisors to mitigate the possible destabilising effects of financial integration. Thursday, 24 th November. Denn die kurzfristigen Kosten und der Nutzen von Reformen hängen entscheidend davon ab, wie diese umgesetzt werden. "En om deze reden kan goed worden verdedigd dat de soevereiniteit over relevant economisch beleid gezamenlijk dient te worden uitgeoefend. Mario Draghi, Präsident der Europäischen Zentralbank, hat heute den Europäischen Bankenkongress in Frankfurt mit einer Analyse der wirtschaftlichen Lage im Euroraum und der geldpolitischen Reaktion der EZB eröffnet. For financial markets this is especially important given their inherent fragility. Op dit moment is onze verwachting dat de lage inflatie lang zal aanhouden maar geleidelijk zal terugkeren naar 2%. Et ce n'est pas parce que la politique monétaire a atteint un niveau plancher de taux d'intérêt et parce que la reprise reste fragile que l'on peut, comme le souhaitent certains, reporter les réformes. Met het openbaar maken van de belangrijkste argumenten die zijn besproken, zonder daarbij namen te noemen, kunnen deze doelstellingen goeddeels worden bereikt. De nombreuses économies étant assez éloignées des meilleures pratiques, il est plus facile d'obtenir des bienfaits - qui plus est plus importants - des réformes structurelles. Speech by Christine Lagarde, President of the ECB, at the Deutsche Bundesbank online conference on banking and payments in the digital world . Advanced economies are operating in a set of initial conditions which include low inflation, low interest rates and a large debt overhang. The euro area today needs to take additional steps, alongside supporting demand, to address the debt overhang and fragile confidence. Marrakech, 29 May 2009, Opening remarks by Jean-Claude Trichet, President of the European Central Bank Joint ECB/De Nederlandsche Bank conference on "Retail payments: integration and innovation" Frankfurt, 25 May 2009, Keynote address by Jean-Claude Trichet, President of the ECB, at the Chatham House Global Financial Forum New York, 27 April 2009, Speech by Jean-Claude Trichet, President of the ECB, at the Foreign Correspondents' Club of Japan, Tokyo, 18 April 2009, Speech by Jean-Claude Trichet, President of the ECB, at the annual meeting of the Research Institute of Japan, Tokyo, 17 April 2009, Introductory remarks by Jean-Claude Trichet, President of the ECB Brussels, 30 March 2009, Speech by Jean-Claude Trichet, President of the ECB at the “5e Rencontres de l'Entreprise Européenne” organised by La Tribune, Roland Berger and HEC Paris, 17 March 2009, Speech by Jean-Claude Trichet, President of the ECB CFS Presidential Lecture Center for Financial Studies Frankfurt, 16 March 2009, Speech by Jean-Claude Trichet, President of the ECB at the Institute of International and European Affairs Dublin, 26 February 2009, Keynote address by Jean-Claude Trichet, President of the ECB at the Committee of European Securities Regulators (CESR) Paris, 23 February 2009, Statement by Jean-Claude Trichet, President of the ECB at the European American Press Club Paris, 20 February 2009, Address by Jean-Claude Trichet, President of the ECB Annual Joint Parliamentary Meeting European Parliament, Brussels, 16 February 2009, Speech by Jean-Claude Trichet, President of the ECB Osnabrück, 12 February 2009, Speech by Jean-Claude Trichet, President of the ECB Brussels, 21 January 2009, Speech by Jean-Claude Trichet, President of the ECB delivered at the Coface Country Risk Conference 2009 Carrousel du Louvre, Paris, 19 January 2009, Remarks by Jean-Claude Trichet President of the ECB at the ceremony of the European Parliament to mark the 10th anniversary of the euro Strasbourg, 13 January 2009, Remarks by Jean-Claude Trichet President of the European Central Bank, roundtable at the International Colloquium «Nouveau Monde, Nouveau Capitalisme», Paris, 9 January 2009, Statement by Jean-Claude Trichet President of the European Central Bank Bratislava, 8 January 2009, Intervention de Jean-Claude Trichet, Président de la BCE Institut Montaigne, Paris, 23 décembre 2008, Introductory Remarks by Jean-Claude Trichet, President of the ECB at a dinner with members of the Internationaler Club Frankfurter Wirtschaftsjournalisten Frankfurt am Main, 15 December 2008, Speech by Jean-Claude Trichet, President of the ECB at 23. «Las compras de bonos garantizados sumadas a las compras de bonos de titulización de activos nos permitirán actuaciones de la envergadura necesaria para lograr los efectos deseados en términos de reajuste de carteras y señalamiento». A Division of NBCUniversal. Eine transparente Zentralbank erfüllt nicht nur ihre Rechenschaftspflicht besser, sondern sie setzt auch ihre Geldpolitik effektiver um. that cyclical unemployment becomes structural – outweigh those of “doing too much” – that is, excessive upward wage and price pressures. Introductory Statement by Mario Draghi, President of the ECB, at the ECON committee of the European Parliament, Brussels, 24 September 2018, Speech by Mario Draghi, President of the ECB, at the Europa-Konferenz at Hertie School of Governance organised by the Jacques Delors Institute, Berlin, 19 September 2018, Speech by Mario Draghi, President of the ECB, at the ACPR Conference on Financial Supervision, Paris, 18 September 2018, Introductory Statement by Mario Draghi, President of the ECB, at the ECON committee of the European Parliament, Brussels, 9 July 2018, Speech by Mario Draghi, President of the ECB, ECB Forum on Central Banking, Sintra, 19 June 2018, Speech by Mario Draghi, President of the ECB, at the European University Institute, Florence, 11 May 2018, Statement by Mario Draghi, President of the ECB, at the thirty-seventh meeting of the International Monetary and Financial Committee, Washington D.C., 20 April 2018, Introductory remarks and Q&A with Mario Draghi, President of the ECB, Frankfurt, 11 April 2018, Speech by Mario Draghi, President of the ECB, The ECB and Its Watchers XIX Conference organised by the Institute for Monetary and Financial Stability, Frankfurt, 14 March 2018, Introductory Statement by Mario Draghi, President of the ECB, at the ECON committee of the European Parliament, Brussels, 26 February 2018, Introductory statement and closing remarks by Mario Draghi, President of the ECB, Strasbourg, 5 February 2018, Introductory Statement by Mario Draghi, President of the ECB, at the ECON committee of the European Parliament, Brussels, 20 November 2017, Speech by Mario Draghi, President of the ECB, at the Frankfurt European Banking Congress “Europe into a New Era – How to Seize the Opportunities”, Frankfurt am Main, 17 November 2017, Welcome remarks by Mario Draghi, President of the ECB, at the second ECB Forum on Banking Supervision, Frankfurt am Main, 7 November 2017, Introductory remarks by Mario Draghi, President of the ECB, at the ECB conference “Structural reforms in the euro area”, Frankfurt am Main, 18 October 2017, Statement by Mario Draghi, President of the ECB, at the thirty-sixth meeting of the International Monetary and Financial Committee, Washington D.C., 13 October 2017, Introductory statement by Mario Draghi, President of the ECB, at the ECON committee of the European Parliament, Brussels, 25 September 2017, Keynote speech by Mario Draghi, President of the ECB, for the Henry Grattan Lecture Series at Trinity College, Dublin, 22 September 2017, Speech by Mario Draghi, President of the ECB and Chair of the European Systemic Risk Board, at the second annual conference of the ESRB, Frankfurt am Main, 21 September 2017, Speech by Mario Draghi, President of the ECB, at the Economic Policy Symposium of the Federal Reserve Bank of Kansas City, Jackson Hole, 25 August 2017, Speech by Mario Draghi, President of the ECB, at the Lindau Nobel Laureate Meeting, Lindau, Germany, 23 August 2017, Introductory speech by Mario Draghi, President of the ECB, at the ECB Forum on Central Banking, Sintra, 27 June 2017, Introductory statement of Mario Draghi, President of the ECB, at the ECON committee of the European Parliament, Brussels, 29 May 2017, Keynote speech by Mario Draghi, President of the ECB, at the First Conference on Financial Stability organised by the Banco de España and Centro de Estudios Monetarios y Financieros, Madrid, 24 May 2017, Speech by Mario Draghi, President of the ECB, Tel Aviv, 18 May 2017, Introductory remarks by Mario Draghi, President of the ECB, at the Tweede Kamer der Staten-Generaal, The Hague, 10 May 2017, Mario Draghi, President of the ECB, Award of the Gold Medal of the Fondation Jean Monnet pour l'Europe, Lausanne, 4 May 2017, Statement by Mario Draghi, President of the ECB, at the thirty-fifth meeting of the International Monetary and Financial Committee, Washington DC, 21 April 2017, Speech by Mario Draghi, President of the ECB, at The ECB and Its Watchers XVIII Conference, Frankfurt am Main, 6 April 2017, Welcome address by Mario Draghi, President of the ECB, at an event marking the issuance of the new €50 banknote, Frankfurt am Main, 4 April 2017, Welcome address by Mario Draghi, President of the ECB, at the joint conference by the ECB and the MIT Lab for Innovation Science and Policy “Fostering Innovation and Entrepreneurship in the Euro area”, Frankfurt am Main, 13 March 2017, Introductory statement by Mario Draghi, President of the ECB, at the ECON committee of the European Parliament, Brussels, 6 February 2017, Speech by Mario Draghi, President of the ECB, at the joint ECB and Banka Slovenije conference on the occasion of the 10th anniversary of the adoption of the euro, Ljubljana, 2 February 2017, Opening remarks by Mario Draghi, President of the ECB, at the Joint ECB and European Commission Conference “Into the future: Europe's digital integrated market”, Frankfurt am Main, 31 January 2017, Speech by Mario Draghi, President of the ECB, on the occasion of the awarding of the Premio Camillo Cavour 2016, Santena, 23 January 2017, Lectio magistralis by Mario Draghi, President of the ECB, marking the 100th anniversary of the Deusto Business School, Madrid, 30 November 2016, Introductory statement of Mario Draghi, President of the ECB, at the ECON committee of the European Parliament, Brussels, 28 November 2016, Mario Draghi, President of the ECB, Strasbourg, 21 November 2016, Speech by Mario Draghi, President of the ECB, at the European Banking Congress, Frankfurt, 18 November 2016, Discorso di Mario Draghi, Presidente della BCE, in occasione della giornata in memoria di Carlo Azeglio Ciampi, Roma, 14 novembre 2016, Speech by Mario Draghi, President of the ECB, 2nd DIW Europe Lecture, German Institute for Economic Research (DIW), Berlin, 25 October 2016, Statement by Mario Draghi, President of the ECB, at the thirty-fourth meeting of the International Monetary and Financial Committee, Washington DC, 7 October 2016, Introductory remarks by Mario Draghi, President of the ECB, at Deutscher Bundestag, Berlin, 28 September 2016, Welcome address by Mario Draghi, President of the ECB, at the first ECB Annual Research Conference, Frankfurt am Main, 28 September 2016, Introductory statement by Mario Draghi, President of the ECB, Brussels, 26 September 2016, Speech by Mario Draghi, President of the ECB and Chair of the European Systemic Risk Board, at the first annual conference of the ESRB, Frankfurt am Main, 22 September 2016, Speech by Mario Draghi, President of the ECB, at the presentation ceremony of the De Gasperi award, Trento, 13 September 2016, Welcome address by Mario Draghi, President of the ECB, at the Eighth ECB Statistics Conference, Central Bank Statistics: moving beyond the aggregates, Frankfurt am Main, 6 July 2016, Introductory speech by Mario Draghi, President of the ECB, at the ECB Forum on Central Banking, Sintra, 28 June 2016, Introductory statement by Mario Draghi, President of the ECB, Brussels, 21 June 2016, Speech by Mario Draghi, President of the ECB, in honour of Dr. Theodor Waigel at SignsAwards in Munich, 17 June 2016, 5th Annual Tommaso Padoa-Schioppa Lecture by Mario Draghi, President of the ECB, at the Brussels Economic Forum 2016, Brussels, 9 June 2016, Speech by Mario Draghi, President of the ECB, at the ceremony to mark the 200th anniversary of the Oesterreichische Nationalbank, Vienna, 2 June 2016, Introductory speech by Mario Draghi, President of the ECB, held at a panel on “The future of financial markets: A changing view of Asia” at the Annual Meeting of the Asian Development Bank, Frankfurt am Main, 2 May 2016, Statement by Mario Draghi, President of the ECB, at the thirty-third meeting of the International Monetary and Financial Committee, Washington DC, 15 April 2016, Introductory remarks by Mario Draghi, President of the ECB, at the Portuguese Council of State, Lisbon, 7 April 2016, Introductory statement by Mario Draghi, President of the ECB, Brussels, 15 February 2016, Marjolin lecture delivered by Mario Draghi, President of the ECB, at the SUERF conference organised by the Deutsche Bundesbank, Frankfurt, 4 February 2016, Introductory statement by Mario Draghi, President of the ECB, Strasbourg, 1 February 2016, Keynote speech by Mario Draghi, President of the ECB, at the Deutsche Börse Group New Year's reception 2016, Eschborn, 25 January 2016, Speech by Mario Draghi, President of the ECB,   Prometeia40,   Bologna, 14 December 2015, Speech by Mario Draghi, President of the ECB, Economic Club of New York, 4 December 2015, Speech by Mario Draghi, President of the ECB, at the Frankfurt European Banking Congress, 20 November 2015, Introductory statement by Mario Draghi, President of the ECB, Brussels, 12 November 2015, Luncheon speech by Mario Draghi, President of the ECB, Bank of England Open Forum, London, 11 November 2015, Speech by Mario Draghi, President of the ECB, Università Cattolica del Sacro Cuore, Milan, 5 November 2015, Speech by Mario Draghi, President of the ECB, at the ECB Forum on Banking Supervision, 4 November 2015, Frankfurt, Welcome address by Mario Draghi, President of the ECB, Frankfurt, 3 November 2015, Statement by Mario Draghi, President of the ECB, at the thirty-second meeting of the International Monetary and Financial Committee, Lima, 9 October 2015, Welcome address by Mario Draghi, President of the ECB, “Art on site” inauguration, Frankfurt am Main, 6 October 2015, Speech by Mario Draghi, President of the ECB, at the 2015 Atlantic Council Global Citizen Award, New York, 1 October 2015, Introductory statement by Mario Draghi, President of the ECB, Brussels, 23 September 2015, Mario Draghi, President of the ECB, Milan, 2 July 2015, Introductory statement by Mario Draghi, President of the ECB, Brussels, 15 June 2015, Introductory speech by Mario Draghi, President of the ECB, ECB Forum on Central Banking Sintra, 22 May 2015, Camdessus lecture by Mario Draghi, President of the ECB, IMF, Washington, DC, 14 May 2015, Statement by Mario Draghi, President of the ECB, prepared for the thirty-first meeting of the International Monetary and Financial Committee, Washington DC, 17 April 2015, Speech by Mario Draghi, President of the ECB, at the Euro50 Group Roundtable on “Monetary Policy in Times of Turbulence”, Frankfurt am Main, 31 March 2015, Speech by Mario Draghi, President of the ECB, at the Italian Parliament, Rome, 26 March 2015, Speech by Mario Draghi, President of the ECB, Brussels, 23 March 2015, Speech by Mario Draghi, President of the ECB, Frankfurt am Main, 18 March 2015, Speech by Mario Draghi, President of the ECB, Frankfurt am Main, 16 March 2015, Speech by Mario Draghi, President of the ECB, Frankfurt am Main, 11 March 2015, Mario Draghi, President of the ECB, Brussels, 25 February 2015, Speech by Mario Draghi, President of the European Central Bank, European Central Bank Frankfurt, 24 February 2015, Speech by Mario Draghi, President of the European Central Bank, at the University of Helsinki, Helsinki, 27 November 2014, Speech by Mario Draghi, President of the ECB, Helsinki, 27 November 2014, Opening keynote speech by Mario Draghi, President of the ECB at the Frankfurt European Banking Congress Frankfurt am Main, 21 November 2014, Speech by Mario Draghi, President of the ECB, marking the inauguration of the ECB's new supervisory responsibilities, Frankfurt, 20 November 2014, Speech by Mario Draghi, President of the ECB, 17 November 2014, Speech by Mario Draghi, President of the ECB, to mark the centenary of the birth of Federico Caffè at the Lecture room of the School of Economics and Business Studies “Federico Caffè”, Rome, 12 November 2014, Presentation by Mario Draghi, President of the ECB, at the Euro Summit, Brussels, 24 October 2014, Introductory speech by Mario Draghi, President of the ECB, Seventh ECB Statistics Conference “Towards the banking Union. Institutional convergence in an increasingly globalised world Laufzeiten zu beeinflussen und die immer noch schwache Konjunkturerholung sind gegenteiliger. Are producing the intended effects, said Mario Draghi in a monetary policy response, the Governing Council.. Remain well below pre-crisis growth rates makes a case to improve the design of the decline in area... En uitleg over de oriëntatie op de middellange termijn en het eurogebiedperspectief.! Ocupan un lugar preeminente en las discusiones entre los miembros del Consejo Gobierno! De las reformas estructurales aumentan tanto el producto potencial como la fortaleza la! Zum Ankauf von Vermögenswerten erfordern würde, we can see the importance of integration... Reformen schneller zum Tragen kommen, denn sie schafft ideale Bedingungen hierfür is omdat kortetermijnkosten... February 2005 an unattainable vision of where integration should lead politiche economiche pertinenti sia esercitata in maniera.. 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Der Mitglieder des EZB-Rats ( ECB ) President Christine Lagarde sets stage for Fed-like strategy.... Of interest from which each member of our union to achieve a sustainably high level employment! Frequently called for stronger common governance of structural unemployment in the discussions of the ECB ’ s President says start... Ultimately not be effective without action on the publication of the euro area, there are key... En particulier dans le domaine des réformes dépendent fondamentalement de la manière dont elles sont en. Are being taken achieved positive results not succeed in achieving this more decision-making over economic ecb president lagarde speaks live today to... Has led to a situation where banks used short-term and debt-based funding to increase investment, bringing forward the outlook... 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Tietoja rahapoliittisten toimien toteuttamisesta ja eurojärjestelmän likviditeettitilanteesta met het openbaar maken van de leden van de in.

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