Otmar Issing

Otmar Issing News

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  Evans Won New Fed Consensus Linking Rates to Unemployment

  The Federal Reserve’s Charles Evans entered the lion’s den of monetary orthodoxy to make his pitch: unemployment must come down, even at the cost of temporarily higher inflation.

• Former ECB Chief Economist Issing Says Greece Will Exit the Euro

  Former European Central Bank chief economist Otmar Issing, one of the architects of the euro, said Greece’s exit from the 17-nation monetary union is inevitable.

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  Greece ‘Cheated’ to Join Euro; Sanctions Since Were Too Soft, Issing Says

  Greece was only able to join the euro through deception and the currency bloc’s leaders have been “too polite” ever since to deploy adequate sanctions that could have averted the region’s debt crisis, former European Central Bank Chief Economist Otmar Issing said.

• Eurobonds Would Make Germans Anti-Europe, Issing Tells Welt

  Eurobonds would turn Germans against Europe, former European Central Bank Chief Economist Otmar Issing told Welt am Sonntag in an interview.

• EU Bailouts Don’t Lead to Political Union, Issing Writes in FT

  Devoting more and more taxpayers’ money to helping European Union members that broke the rules, notwithstanding the strict conditions that have been imposed, isn’t a step in the direction of European political union, but will tend rather to divide the continent, said Otmar Issing, a former member of the European Central Bank’s executive board.

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  Greece Is Insolvent, Unlikely to Honor Debt Payments, Issing, Krugman Say

  Greece will probably be unable to meet its obligations as the euro region’s most-indebted nation is insolvent, according to former European Central Bank Chief Economist Otmar Issing .

• Otmar Issing Says Bondholders Must Pay for Bailouts, FT Says

  Investors in sovereign debt involved in bailouts should incur some losses, Otmar Issing , a former member of the European Central Bank, writes in the Financial Times.

• Greece Departure From Euro Zone Inevitable, Issing Tells Stern

  Greece will find it “impossible” to get back on its feet even after the country implements austerity measures and it is inevitable that Greece will have to leave the euro-zone, Otmar Issing, the former chief economist of the European Central Bank, was quoted as saying in an interview with Stern magazine published today.

• Enhanced EFSF Open to Exploitation, Issing Tells Handelsblatt

  European leaders’ efforts to enhance the firepower of the single currency area’s bailout fund underestimate the risk of the exploitation of its resources, the European Central Bank’s former chief economist Otmar Issing said in a guest column in Handelsblatt.

• Former ECB Chief Economist Says U.S. Is Jeopardizing Dollar's Global Role

  Former European Central Bank chief economist Otmar Issing said the U.S. is jeopardizing the international role of the dollar if it continues to ignore the causes of its current account deficit.

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Quote

• "There is no other way."

  - Otmar Issing on Sep 28, 2011

Related Topics

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  Greece

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  European Central Bank

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  Germany

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  Europe

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