September on ice.

The ECB believes that the likelihood of a currency area recession is “low but increasing”. On top of that, the inflation rate is consistently below the central bank target. ECB economists also lowered their growth and inflation forecasts for this and next year at the interest rate meeting. The ECB is aiming for almost two percent inflation as the ideal value for the economy. It has missed this goal for years. To counter this, the ECB wants to resume bond purchases, among other things.

The purchases are only to be stopped when the ECB is about to raise interest rates. The resumption of bond purchases was made by a clear majority, but not unanimously in the Council. There was broad agreement, however, according to Draghi on the need to cut deposit rates. There was unanimous agreement in the Council that financial policy must now become the main instrument. “Governments with leeway should act quickly and effectively,” said the statement.

The euro watchdogs also adjusted their outlook. Now they want to keep their key interest rates at the current level or at a lower level until the inflation target of just under two percent is within reach. So far, they have promised stable or lower key rates until mid-2020. The ECB had raised its interest rates for the last time in 2011. US President Trump, however, criticized on Twitter that the ECB had successfully devalued the euro against the “very strong dollar”. This harms US exporters.

Draghi didn’t let the accusation sit. “We have a mandate: we want to deliver price stability,” he said. “We’re not aiming at exchange rates. Period.” Source: ntv.de, jwu / rts / DJ / dpa “Mario Draghi. (Photo: REUTERS) The European Central Bank is easing its monetary policy and increasing the penalty interest rates for banks. Mario Draghi should therefore will become even less popular in Germany, and he’s just doing his job.

Anyone who wants to get loud applause in this country should complain about Mario Draghi, denounce the monetary policy of the European Central Bank and complain about the expropriation of German savers. But that’s pure populism: The ECB isn’t running ultra-loose monetary policy because it enjoys it. You have no other choice. It is – incidentally, also at German insistence – obliged to ensure price stability.

According to the ECB definition, this is achieved at an inflation rate of just under two percent. The central bank is a long way from achieving this goal; inflation in the euro zone is only one percent, making it the weakest it has been in almost two years. The ECB is therefore forced to keep interest rates low and the ultra-loose monetary policy will remain with us until politics finally do its job and ensure economic growth.

It is failing, not the ECB. The central bankers buy politics time that is not used.paid biology essay writing service Low interest rates only go away once you remove the cause. Of course, it is annoying for many people when there is no significant interest on savings.

And of course penalty interest rates are a problem for banks. But interest is the price of money that depends on supply and demand. The fewer households consume and the fewer companies and the state invest, the lower the interest rates. There is no right to high interest rates. “The legendary German small saver and the Swabian housewife cannot have an overly happy marriage. She hates debts, but he wants interest.

That can’t go well for long, “said the economist Jens Südekum. He’s right. According to DIW economic researchers, Germany saves a whopping 240 billion euros net every year. The state must invest and thus ensure more growth and more demand. Then interest rates rise Again, that doesn’t mean happily throwing money out the window.

That means investing sensibly – for example in roads, railways, digital infrastructure and education. Should the ECB, under the leadership of Draghi, actually raise interest rates now? Then the eurozone will most likely slide into a deep recession. Higher interest rates bring savers precious little if they lose their job. Source: ntv.de “Slovenia’s handball players continued their surprisingly strong performances at the European Championship in the main round. At the start, the team of the former Bundesliga coach Ljubomir Vranjes sat down when they were 30 : 27 (15:14) against Iceland. The outstanding Dean Bombac was in the Swedish Malmö with nine hits the best thrower of the Slovenes, who with now 4-0 points further improved their starting position with a view to the semi-finals.

Even the six goals by Bundesliga professional Bjarki Mar Elisson from TBV Lemgo did not help the Icelanders to victory. Source: ntv.de “” News and information at a glance. Collection of articles by n-tv.de on the subject of penalty interest The Germans from left to right agree on this question: Negative interest rates on private savings should be prohibited. Banks are storming against the plan proposed by Bavaria’s Prime Minister Söder.

Can the state protect citizens from the European Central Bank’s interest rate policy? Germany’s Finance Minister Scholz takes up an idea from Bavaria and announces the first preparatory work. First of all, it must be clarified: is that even possible?

Markus Söder’s idea of ​​money and interest seems to come from a dream world freed from any logic. He now combines the whole thing with socialist populism – and the result is a grotesque ban on punitive interest rates for banks. A comment by Max Borowski The bond market is usually only talked about when something really unpleasant happens there. Now it’s that time again.

By Jan Gänger Banks and savings banks are groaning: The European Central Bank is not only sticking to penalty interest rates, but will probably soon increase them. What are the consequences? n-tv.de answers the most important questions about negative interest rates. By Jan Gänger Anyone who invests their money in order to save has not had to pay anything for a long time. On the contrary: banks and savings banks paid their customers interest. But because of the monetary policy of the European Central Bank, those times are long gone.

If banks in the euro area store their money with the ECB instead of lending it, they have to pay penalty interest. According to a report, the sum that German banks had to shell out in 2018 was 2.4 billion euros. Small and medium-sized credit institutions in particular suffer.

ECB boss Draghi is verbally preparing more leeway for possible reactions by the central bank to the continued economic downturn. The stock exchange reacts immediately – and so does the US president. Its statements, however, have a more domestic political thrust. Is the devaluation of the yuan a way to soften US punitive tariffs?

Washington speaks of currency manipulation. China believes there are “baseless” allegations. After all, US interest rate hikes would only have sent the means of payment downhill. When the European Central Bank advises on monetary policy for the coming months, one thing is clear: nothing will change in the low interest rates by summer 2019.

But the penalty interest for credit institutions could fall. “” “” What a joy. (Photo: imago images / PanoramiC) After the Croatians, the handball players from Spain also reach the final of the European Championship – for the third time in a row. Against the surprise team from Slovenia, which never gives up, ultimately succeeds in a sovereign victory in Stockholm. Even if it gets a little tight in the end, defending champions Spain followed the team from Croatia into the final of the European Handball Championship. The European champion of 2018 finally prevailed in Stockholm with 34:32 (20:15) against the brave surprise team from Slovenia and thus made it into the final of the continental championship for the third time in a row, after defending champions Spain and Croatia made it into the final of the handball championship two out of three German opponents in the Olympic qualification are certain. The DHB selection takes place from 17th to 19th

April in Berlin on Sweden and Slovenia. The third opponent will be determined at the current Africa Championship. The first two teams in the tournament buy tickets for the summer games in Tokyo. The Spaniards, who had clearly beaten the German team in the preliminary round, were Angel Fernandez, Raul Entrerrios and Alex Duschebajew with six goals each. The final will take place on Sunday at the same location in the converted Tele-2 football arena from 4.30 p.m. in the Swedish capital, where the losers Norway and Slovenia will play for the bronze medal from 6.30 p.m. on Saturday.

The German team will duel with Portugal from 4.30 p.m. for fifth place, which only has statistical value. Croatia for the outstanding Domagoj Duvnjak from Kiel, who scored eight goals, previously had runner-up Norway in a high-class handball thriller in front of 16,573 spectators after two extra times with 29:28 (26:26, 23:23, 12:10) and is now reaching for his first European title. With the Norwegians, who had previously won all games, the future Kieler Sander Sagosen met ten times. Source: ntv.de, sgi / dpa “News and information at a glance. Collection of articles by n-tv.de on the topic of Slovenian-tv. de / stepmap.de With the second longest flight in history, Ryoyu Kobayashi is now crowned king of the ski flyers.

In Planica, the Japanese Markus Eisenbichler snatches away the success in the overall ski flying ranking. The German flies in third place in the daily standings. After initially poor performance at Raw Air in Norway, the German ski jumpers are getting better and better. In the team ski flying, the team of national coach Schuster even took second place. Only the quartet from Slovenia turned out to be superior to the DSV-Adler.

At the end of her long and successful career, Lindsey Vonn wins another World Cup medal in the downhill. The American goes surprisingly to bronze in Are. Only world champion and defending champion Ilka Stuhec from Slovenia and Swiss Corinne Suter are faster. The German ski racer Stefan Luitz is recovering, defying the extremely difficult conditions and finishing fourth in the giant slalom in Saalbach Hinterglemm.

Viktoria Rebensburg also performed well in Val Gardena. Both wins, however, go to Slovenia. US President Trump’s immigration reform includes a ban on family reunification. However, his in-laws, the parents of Melania Trump, now got exactly this benefit. The native Slovenes are now US citizens.

1.7 million Slovenes were called to vote – and they send a clear signal: The right-wing opposition party SDS wins the parliamentary election. She had spoken out against the distribution of refugees in Europe. Of the Balkans, Serbia is one of the favorites to join the EU.

But enthusiasm for this step has hardly arisen in Belgrade for some time. A government mouthpiece outlines a horror scenario ahead of the EU-Balkans summit. The Braunschweig regional court has to deal again with a class action lawsuit against Volkswagen. According to a media report, behind this is a law firm from the USA that represents the interests of diesel buyers from Slovenia. The Slovenian Supreme Court has received a referendum on the construction of a railway line worth billions to connect the EU state’s only port with the interior of the country. Then, surprisingly, Prime Minister Cerar announced his resignation.

The reigning Olympic champion has come a good bit closer to the semi-finals: In a fast-paced game, the Danes knock Slovenia out of the tournament. A completely different caliber is already waiting for defending champion Germany on Sunday. “According to a media report, the Slovenian Foreign Minister Anze Logar contracted the virus. Logar tested positive for Corona after a trip abroad, reported the state news agency STA, citing A message from his ministry that he has no symptoms so far and will self-isolate for ten days. +++ 22:50 Pharmaceutical giants are allowed to continue suspended vaccine studies +++ The pharmaceutical company Astrazeneca is allowed to continue its clinical vaccine study in the USA, the health authorities had decided reports the Wall Street Journal.

The study has been on hold since September 6th. It had to be interrupted after an unexplained illness in a subject. Astrazeneca is one of the leading companies in the race for a vaccine against the coronavirus.

Also the US drug manufacturer Johnson Johnson’s may resume its vaccine study shortly. An investigation has shown that a test person’s disease is not related to the vaccine, reports the Washington Post. JJ started the phase 3 efficacy study at the end of September and recently had to stop it because of the disease of the study participant. +++ 21:20 Caught without a mask: Czech lockdown minister in need of explanation +++ Czech health minister Roman Prymula is after a violation came under strong pressure against the corona measures imposed by him. A paparazzo photographed the minister as he was leaving a restaurant in Prague that was supposed to be closed due to the strict Corona rules.

As reported by the Czech daily Blesk, Prymula got into a car with a driver without wearing a mouth and nose cover. The behavior of the minister sparked a wave of criticism in online networks. Opposition politicians and representatives of the coalition also sharply criticized Prymula. Interior Minister Jan Hamacek, who is also chairman of the Corona crisis team, called for the health minister to resign. “The rules must apply to everyone, without exception,” he said, according to the Czech news agency CTK. “How can someone set the rules who breaks them himself?” Said the head of the opposition party ODS, Petr Fiala in front of journalists.

Prymula imposed an extensive lockdown on Wednesday in view of the rapid spread of the corona virus in the Czech Republic. +++ 21:55 Macron puts the French off for the summer +++ French President Emmanuel Macron declares that the French will have to live with the corona virus at least until next summer. He stressed that there were no plans to cut back on the recently decided curfews. The epidemic can only be slowed down through restrictions.

At the moment, however, it is still too early to say whether France is heading for a full or partial lockdown. France had previously registered more than a million infections for the first time.