Otmar Issing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

At the day in parliament. Hello and welcome to monday in parliament, our look at the day at westminster. The headlines. Peers start debate on the brexit bill with the leader in the lords warning them not to slow things down. The government is determined to trigger article 50 by the Slst Of March in order to deliver on the decision of the british people. The bill before us is a procedural part of that withdrawal process. Mps debate two petitions on donald trump one calling for his state visit to be cancelled, the other welcoming it. One labour mp said it went against everything shed come into p...

Out of the eurozone. Pmi rising 52. 6, better than what economists had told us. They do split into the tw components. Oservices were a little bit below expectations. This is the Euro Area Services pmi for the month of june. It fell to 52. 4. Manufacturing though, a touch better than expected. We also have a little bit of centralbank action, or in action in this case. The Norwegian Central Bank leaving rates unchanged at 0. 5 , pretty much as expected. But we will get you extra for an exchange checks, including with the norwegian krona. First of all, lets get the picture across the board. The m...

Read CNN’s Eurozone Fast Facts and learn more about the common currency zone of the European Union.

When Otmar Issing became chief economist of the fledgling European Central Bank a quarter of a century ago, he was greeted with a letter from one of the…

Otmar Issing, FRANKFURT – Many people are now proclaiming that the COVID-19 pandemic has provided proof positive that Modern Monetary Theory (MMT) is the only way forward for governments. To the uninitiated, MMT probably sounds extremely sophisticated – even scientific. Its representatives speak as though they have developed a new economic paradigm comparable to the […]