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reforms on these topics, such as the banking union. at the same time it's much more important we do this in a right way and in the right forum than to do it quickly so we might be able to take a next step in june, but it also might take longer. >> where do you stand on a euro-wide deposit guarantee insurance? >> we always said and continue to say we're in favor of the banking union. the banking union is a good idea it means a guarantee for the whole ecosphere of european banks. it's like fire insurance we have to do this step by step. that means before we run into a deposit guarantee system, we have to make sure we have risk reduction first and then only move into risk mutualization >> you spoke before about a debt restructuring mechanism, but mr. dimero said that is a red line
reforms on these topics, such as the banking union. at the same time it's much more important we do this in a right way and in the right forum than to do it quickly so we might be able to take a next step in june, but it also might take longer. >> where do you stand on a euro-wide deposit guarantee insurance? >> we always said and continue to say we're in favor of the banking union. the banking union is a good idea it means a guarantee for the whole ecosphere of european banks. it's...
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responsibility and solidarity and this is what will create convergence which we don't have yet the banking union of course is part and parcel of this solidarity and this is why that we will define the modalities for this so that we can do this with a complete the banking union and then we articulate the same elements of solidarity and responsibility so that he will not work if the responsibility elements are not taken into. account by the stakeholders and then in the case in ponder abilities or almost moral risks as the economists call this we need to search and they have this basis of sort of their a c. and this is the same philosophy that will guide our debates on immigration. or if it's again as in the preview in recent years we had that major migration phenomenon and we will see this certainly coming up in the future as well there is pressure coming from the middle east in particular and here what we need to find is agreement so that in that case we can see very good news in washington if you know if you reply or remind every member state that they need to assume the responsibility is this i
responsibility and solidarity and this is what will create convergence which we don't have yet the banking union of course is part and parcel of this solidarity and this is why that we will define the modalities for this so that we can do this with a complete the banking union and then we articulate the same elements of solidarity and responsibility so that he will not work if the responsibility elements are not taken into. account by the stakeholders and then in the case in ponder abilities or...
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for reforms and we heard that you know his reforms in fact he would primarily like to focus on the banking union and the e.u. economic and monetary union as for angela merkel she mentions that as one of her goals as well however she added on to others including the common european asylum system and a common european foreign policy as well. and i'm told now by my producer and i can see our correspondent there mayfair looking for that michelle i can now hear us and can hopefully answer our questions and you were actually at this press conference so what were your impressions. well really the notable thing here is that both spoke before they really get down to work and afterwards we won't be able to speak to both of them we heard from the german chancellor reiterating that both sides would need to be able to make compromises she spoke of course also about this banking union this larger project in europe where both sides really want to make headway but it's not just two sides in this i mean fundamentally this larger project of stabilizing the very foundation of how financial business is done in euro
for reforms and we heard that you know his reforms in fact he would primarily like to focus on the banking union and the e.u. economic and monetary union as for angela merkel she mentions that as one of her goals as well however she added on to others including the common european asylum system and a common european foreign policy as well. and i'm told now by my producer and i can see our correspondent there mayfair looking for that michelle i can now hear us and can hopefully answer our...
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indispensable front before the end of this term of office we need to define a roadmap for progress on the banking union and the establishment of a budgetary capacity promoting stability and convergence in the euro zone business but as you know. if you see. the vision more money and responsibility for europe the manuel mcconnell says it's the only way to make the e.u. stronger as well as more efficient and united not everyone is applauding though germany in particular is skeptical conservatives there say the plan sound like they carry a hefty price tag there is concern germany will be given a big bill but have little influence on where the cash is spent but time is running out european elections are sent for next year by then member states should have a road map for the union's future. we're going to talk about the road map and the european superstate that everybody is afraid of with meeting he's the chief economist of baron back bank and joins us now from our parliamentary studios in and. that does the eurozone really need its own bonds it wants. no i don't think that it really needs its own significan
indispensable front before the end of this term of office we need to define a roadmap for progress on the banking union and the establishment of a budgetary capacity promoting stability and convergence in the euro zone business but as you know. if you see. the vision more money and responsibility for europe the manuel mcconnell says it's the only way to make the e.u. stronger as well as more efficient and united not everyone is applauding though germany in particular is skeptical conservatives...
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the european union and to the you're yo euro. we would like to see changes and reforms on these topics, such as the banking union. e time it's much more important we do this in a right way and in the right forum than to do it quickly so we might be able to take a next step in june, but it also might take longer. >> where do you stand on a euro-wide deposit guarantee insurance? >> we always said and continue to say we're in favor of the banking union. the banking union is a good idea it means a guarantee for the whole ecosphere of european banks. it's like fire insurance we have to do this step by step. that means before we run into a deposit guarantee system, we have to make sure we have risk reduction first and then only move into risk mutualization >> you spoke before about a debt restructuring mechanism, but mr. dimero said that is a red line as far as the french are concerned. how will you bridge the divide between the two? >> he's a great colleague, we have many interactions on these important issues we think it is an important element to have. it will make the system more robust and help us to be more robust
the european union and to the you're yo euro. we would like to see changes and reforms on these topics, such as the banking union. e time it's much more important we do this in a right way and in the right forum than to do it quickly so we might be able to take a next step in june, but it also might take longer. >> where do you stand on a euro-wide deposit guarantee insurance? >> we always said and continue to say we're in favor of the banking union. the banking union is a good idea...
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indispensable front before the end of this term of office we need to define a roadmap for progress on the banking union and the establishment of a budgetary capacity promoting stability and convergence in the euro zone business but i don't know. if you see. the vision more money and responsibility for europe and manuel says it's the only way to make the e.u. stronger as well as more efficient and united. not everyone is applauding though germany in particular is skeptical conservatives there say the plan sound like they carry a hefty price tag there is concern germany will be given a big bill but have little influence on where the cash is spent but time is running out european elections are sent for next year by then member states should have a road map for the union's future. we're going to talk about the road map and the european superstate that everybody is afraid off with meeting he's the chief economist of baron back bank and joins us now from our parliamentary studios in. does the eurozone really need its own bonds it wants. no i don't think that it really needs its own significant budget it alre
indispensable front before the end of this term of office we need to define a roadmap for progress on the banking union and the establishment of a budgetary capacity promoting stability and convergence in the euro zone business but i don't know. if you see. the vision more money and responsibility for europe and manuel says it's the only way to make the e.u. stronger as well as more efficient and united. not everyone is applauding though germany in particular is skeptical conservatives there...
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know the reform of the economic and monetary union as an indispensable third front before the end of this european parliament term defining a roadmap for moving forward on the banking union and a fiscal compact city to promote stability and convergence in the euro area. only last year mark kong was given a standing ovation for a similar speech at the sorbonne university in paris this time the applause was more modest that's because the netherlands ireland and six other northern countries reject his e.u. reform plans they don't want their voters taxes to be poured into any new fangled euro zone budget but home knows his plans only have any hope of success with germany's backing in berlin on thursday he repeated his hopes for euro zone reform . you see the city mo we need more solidarity in the currency union money no currency union can survive without an element of convergence it needs instruments of adjustment and alignment with. a lot of members of parliament and government here in berlin think those harmless sounding words could become very expensive for a german taxpayers chancellor angela merkel sounded a more cautious note of course there are always differing
know the reform of the economic and monetary union as an indispensable third front before the end of this european parliament term defining a roadmap for moving forward on the banking union and a fiscal compact city to promote stability and convergence in the euro area. only last year mark kong was given a standing ovation for a similar speech at the sorbonne university in paris this time the applause was more modest that's because the netherlands ireland and six other northern countries reject...
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indispensable front before the end of this term of office we need to define a roadmap for progress on the banking union and the establishment of a budgetary capacity promoting stability and convergence in the euro zone. but as you know. if you see. the vision more money and responsibility for europe the man one says it's the only way to make the e.u. stronger as well as more efficient and united. not everyone is applauding though germany in particular is skeptical conservatives they're saying the plan sound like they carry a hefty price tag there is concern germany will be given a big bill but have little influence on where the cash is spent but time is running out european elections are set for next year by then member states should have a road map for the unions future. member of the german parliament joachim pfeiffer is here he's a color a spokesperson for the city you c.s.u. and i doubt he's a fan of those french proposals but you can tell me yourself france wants a stronger more deeply integrated europe why doesn't germany want that. when he wants also a strong europe because europe is the critica
indispensable front before the end of this term of office we need to define a roadmap for progress on the banking union and the establishment of a budgetary capacity promoting stability and convergence in the euro zone. but as you know. if you see. the vision more money and responsibility for europe the man one says it's the only way to make the e.u. stronger as well as more efficient and united. not everyone is applauding though germany in particular is skeptical conservatives they're saying...
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currently underway we saw a three points really come up in the press conference that is progress on the banking union on asylum policy and a common foreign policy here in the e.u. where are we likely to see progress. well all or none for the interesting thing is that the two leaders have a press conference before actually they go into the nitty gritty talks the chancellor leave behind me i think it's interesting what mark says raise that really when mccall is seen as a capitalist back home as soon as he enters the room here in berlin he's still still seen somewhat at the socialist kind of end with this real fear that could be decisions made that don't really go through the parliament to set some stern resistance here but just to highlight how big the risk is of europe blocking itself once again while these two leaders are stressing that so needs to reinvent itself and so so united front abroad also with foreign policy it's by no means certain that they will be able to make real progress with the kind of limitations particular chancellor has here in germany by june and that's kind of the deadline they
currently underway we saw a three points really come up in the press conference that is progress on the banking union on asylum policy and a common foreign policy here in the e.u. where are we likely to see progress. well all or none for the interesting thing is that the two leaders have a press conference before actually they go into the nitty gritty talks the chancellor leave behind me i think it's interesting what mark says raise that really when mccall is seen as a capitalist back home as...
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use the reform of the economic and monetary union as an indispensable third front before the end of this european parliament's term the finding a roadmap for moving forward on the banking union a fiscal capacity to promotes the bill. in convergence in the euro area don't assume no. only last year mccollum was given a standing ovation for a similar speech at the sold on university in paris this time the applause was more modest because the netherlands island on six other northern countries reject his reform plans they don't want to vote as hard and taxes to be poured into any new fangled euro zone budget michael knows his plans only have any hope of success with germany's backing in berlin on thursday he repeated his hopes for euro zone reform . you see the city mon the city don't need more solidarity in the currency union. no currency union can survive without an element of convergence because it needs instruments of adjustment and alignment is it imprisons he that. told many in berlin think those harmless sounding words could become very expensive for german taxpayers chancellor angela merkel sounded a more cautious note. it's good not to miss him of course there are
use the reform of the economic and monetary union as an indispensable third front before the end of this european parliament's term the finding a roadmap for moving forward on the banking union a fiscal capacity to promotes the bill. in convergence in the euro area don't assume no. only last year mccollum was given a standing ovation for a similar speech at the sold on university in paris this time the applause was more modest because the netherlands island on six other northern countries...
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Apr 1, 2018
04/18
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one is the capital market, two is the banking union, and three is essential capacity that will signale rest of the world that they are shoulder to shoulder together, and they will face the next crisis with that rainy fund we are advocating. >> on those three points, the banking union and capital markets union, will we get a real capital markets union and banking union in our lifetime? >> in your lifetime, yes. in mine, probably so. those are the two most likely to happen. capital markets union, i think they are getting very close. i do not think they should set aim at closing and complete the job only when the bankruptcy law has been harmonized between the member states. that will take a long time. job only when the bankruptcy law my suspicion is they should set a few targets that operate as a common basis, a common platform. many elements are there already, common standardized documents, access to the entire market, but they need to go a little bit further. i think it is particularly the case, given what is happening on the other side of the channel, the fact that brexit is going to
one is the capital market, two is the banking union, and three is essential capacity that will signale rest of the world that they are shoulder to shoulder together, and they will face the next crisis with that rainy fund we are advocating. >> on those three points, the banking union and capital markets union, will we get a real capital markets union and banking union in our lifetime? >> in your lifetime, yes. in mine, probably so. those are the two most likely to happen. capital...
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the union is part of it is something new and. by strengthening the e.u. banking union back home hopes the german banks and savers would also be liable for bank failures across the union a commitment many germans are reluctant to make. it's good not to miss him i hope we don't she please yeah actually there are different starting positions you know in the findings in germany and france people we need to debate we need open debates of and finally we need the ability to compromise with an old woman but that will not be easy not coal is also looking for a unified budget across the eurozone to be presided over by a european finance minister. called wants to see germany more engaged in a new euro zone but there is considerable resistance among legislators to paying more in the process germany and france want to have a new eurozone reform plan drafted by june but at the moment that looks like you have bishes goal. all right ninety ferentz grandparents or relatives of small children watching will likely not be surprised to learn that the toy industry is seriously big bus
the union is part of it is something new and. by strengthening the e.u. banking union back home hopes the german banks and savers would also be liable for bank failures across the union a commitment many germans are reluctant to make. it's good not to miss him i hope we don't she please yeah actually there are different starting positions you know in the findings in germany and france people we need to debate we need open debates of and finally we need the ability to compromise with an old...
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to be necessarily in favor of a european finance minister but he did touch upon for example the banking unionthat as you said earlier there was the need to reform the eurozone how does he want to do that he talked about a big scale debate all over europe said everybody needs to participate if possible that sort of is an allusion to a tour that he's starting today here in strasbourg trying to talk to people as he calls them regular people in different parts of france opening up this kind of big scale debate that's something so far that's unique to france but apparently he wants to open it up in europe to find out where there are similarities and where there are things that divide the european union to find out what a european union a new project for the european union could look like now later this week president connors going to be traveling here to berlin to talk with chancellor machall what sort of reception do you think he's going to get oh you know for the cameras and in style and everything that there will be a display of unity that is more important than ever now that we actually have s
to be necessarily in favor of a european finance minister but he did touch upon for example the banking unionthat as you said earlier there was the need to reform the eurozone how does he want to do that he talked about a big scale debate all over europe said everybody needs to participate if possible that sort of is an allusion to a tour that he's starting today here in strasbourg trying to talk to people as he calls them regular people in different parts of france opening up this kind of big...
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that he is advising or that he has to fighting for that that are good like moving ahead with the banking union is a good idea have been outside the years down in general politics like migration policy is like foreign defense are all all these matters that extremely important especially right now what europe is becoming more and more important geopolitically and should be i mean kind of the threat from. china the u.s. moving out of many agreements that we've had so europe is important and it's important to get to work on these issues but in economic terms i don't think he needs he he dares to use their support for anything that is that involves transfers that involves more of what he called solidarity more convergence through redistribution all these other which would mean germans are. pay is paying for the call well that's the problem when you want to mutual lies wrists when you want to pull wrists and the wrist on not distributed evenly. it's clear that one group is going to be paying for the other group systematically then you won't find agreement on that and the problem is that agreement an
that he is advising or that he has to fighting for that that are good like moving ahead with the banking union is a good idea have been outside the years down in general politics like migration policy is like foreign defense are all all these matters that extremely important especially right now what europe is becoming more and more important geopolitically and should be i mean kind of the threat from. china the u.s. moving out of many agreements that we've had so europe is important and it's...
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Apr 1, 2018
04/18
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those points, especially the banking and capital markets union, it has been in the making , but will et a real capital markets union and banking union in our lifetimes? >> in your lifetime? yes. in mind, probably. mine, probably. i think -- are getting close. think they should take aim at closing and completing the job only when the bank -- has been harmonized, because that will take a long time. my suspicion is they should send a few targets that would operate or platform.ase many elements are there, already common perspectives. -- they need to go a little bit further. i think it is particularly the case, given what is happening on the other side of the channel. the fact that brexit is going to happen. whatever the transition or the terms afterwards, some of the financing activity is going to move to the continent, and i think it is important the euro area be a joint, properly united. there is one component where i believe the members are almost there. that is this common fiscal backstop in fiscal bank resolutions, which would be welcome. if the bank fall -- to operate if needed. to
those points, especially the banking and capital markets union, it has been in the making , but will et a real capital markets union and banking union in our lifetimes? >> in your lifetime? yes. in mind, probably. mine, probably. i think -- are getting close. think they should take aim at closing and completing the job only when the bank -- has been harmonized, because that will take a long time. my suspicion is they should send a few targets that would operate or platform.ase many...
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currency union conserve on without virgin selling this is a quote super instruments of compensation and out of the patients. and union is part of it under new and. by strengthening the e.u. banking union and that whole hopes that german banks and savers would also be liable for bank failures across the union a commitment many germans are reluctant to make. it's good not to miss him i hope we don't she flees naturally there are different starting positions in the mines in germany and france people we need to debate we need open debate and finally have the ability to compromise. but that will not be easy not coal is also looking for a unified budget across the eurozone to be presided over by a european finance minister. called wants to see germany more engaged in a new euro zone but there is considerable resistance among legislators to paying more in the process germany and france want to have a new eurozone reform plan drafted by june but at the moment that looks like it have bishes goal. all right now many parents grandparents or relatives of small children watching will likely not be surprised and then the toy industry is seriously big business in fact it brings in nineteen bil
currency union conserve on without virgin selling this is a quote super instruments of compensation and out of the patients. and union is part of it under new and. by strengthening the e.u. banking union and that whole hopes that german banks and savers would also be liable for bank failures across the union a commitment many germans are reluctant to make. it's good not to miss him i hope we don't she flees naturally there are different starting positions in the mines in germany and france...
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indispensable front before the end of this term of office we need to define a roadmap for progress on the banking union and the establishment of a budgetary capacity promoting stability and convergence in the euro zone business but as you know. the vision more money and responsibility for europe and manuel says it's the only way to make the e.u. stronger as well as more efficient and united. not pay everyone is applauding though germany in particular is skeptical conservatives they're saying the plan sound like they carry a hefty price tag there is concern germany will be given a big bill but have little influence on where the cash is spent but time is running out european elections are set for next year by then member states should have a road map for the unions future. member of the german parliament joachim pfeiffer is here he's a commie spokes person for the city you see su and i doubt he's a fan of those french proposals but you can tell yourself france was a stronger more deeply integrated europe why doesn't germany want that that's not true when he wants also a strong europe because europe is th
indispensable front before the end of this term of office we need to define a roadmap for progress on the banking union and the establishment of a budgetary capacity promoting stability and convergence in the euro zone business but as you know. the vision more money and responsibility for europe and manuel says it's the only way to make the e.u. stronger as well as more efficient and united. not pay everyone is applauding though germany in particular is skeptical conservatives they're saying...
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the currency union no currency union conserve on live without virgin sullivan this is a quite superficial instruments of compensation and adaptation of the. union is part of it. by strengthening the e.u. banking union not call hopes that german banks and savers would also be liable for bank failures across the union a commitment many germans are reluctant to make. it's not to me. yeah actually there are different starting positions the i mean the meanings in germany and france people we need to debate we need open debate and find they really have the ability to compromise. but that will not be easy and that call is also looking for a unified budget across the eurozone to be presided over by a european finance minister. called wants to see germany more engaged in a new euro zone but there is considerable resistance among legislators to paying more in the process germany and france want to have a new euro zone reform plan drafted by june but at the moment that looks like you have bishes goal. entrepreneur. can give us the business take on this story you've worked here in germany and in france haven't you that's the case is germany holding back the eurozone from performing to its full potential
the currency union no currency union conserve on live without virgin sullivan this is a quite superficial instruments of compensation and adaptation of the. union is part of it. by strengthening the e.u. banking union not call hopes that german banks and savers would also be liable for bank failures across the union a commitment many germans are reluctant to make. it's not to me. yeah actually there are different starting positions the i mean the meanings in germany and france people we need to...
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economically and politically things have quite a lot so finance minister think about things like the banking union and what else is on their mind spot in the background of course the greek problem is still looming because there needs to be some sort of exit package and that is one part of that is how are they going to control what greece does in the next years and decades maybe to stay on a growth course to sort of sort of stays stable and sustainable was in its econ economic development and the other of course is is there going to be some sort of debt relief the i.m.f. says yes that is necessary otherwise they will sort of never really get independent again and. canonically safe and sound and but finance ministers particularly in germany and in some of the northern countries the netherlands for instance say we can't tell our tax paris we have relieving greece of part of its debt and just throw it away and give it to them so that's the main problem they're facing here. you mentioned it but again germany is being paid painted as the bad guy here but it's only fair to the debts being paid by one of
economically and politically things have quite a lot so finance minister think about things like the banking union and what else is on their mind spot in the background of course the greek problem is still looming because there needs to be some sort of exit package and that is one part of that is how are they going to control what greece does in the next years and decades maybe to stay on a growth course to sort of sort of stays stable and sustainable was in its econ economic development and...
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the e.u. is on its way to a banking union that has been decided but there still are divisions over what actually means a high risk loan and these details still need to be worked out there's resistance from the german parliament which secured in its coalition deal here in germany the right to vote and decide on any concrete measures being taken that mean money being spent at the same time you have him on a core who's facing protests in his own country where he is seen as someone who's acting very anti social actually as some would put it taking away privileges for bringing more flexibility into the labor market interestingly when he walks into the room he's still seen as a socialist added complication and highlight that there's a real risk for not making that terribly much progress at all the new german finance minister. not martin is a former party leader who was a true glowing european now all off so he might be from the social democrats but at the same time he's being seen as an heir of voice. and everybody across the e.u. knows what his name stands for which is not spending german taxpayers'
the e.u. is on its way to a banking union that has been decided but there still are divisions over what actually means a high risk loan and these details still need to be worked out there's resistance from the german parliament which secured in its coalition deal here in germany the right to vote and decide on any concrete measures being taken that mean money being spent at the same time you have him on a core who's facing protests in his own country where he is seen as someone who's acting...
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Apr 20, 2018
04/18
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.s union the bank of england governor has said the united kingdom should prepare for a few interest rate increases within the next three years. after he told the bbc that they would make the decision "conscious that there are other meetings that they could act this year" generally,1% in consumer prices rising in march. that comes as the bank of japan governor kuroda begins his second term, vowing to achieve 2% inflation. this week's national bank president says he is not an a hurry to a just policy despite -- thomas jordan made the comments hours after the swiss frog broke through the oneear -- the swiss franc
.s union the bank of england governor has said the united kingdom should prepare for a few interest rate increases within the next three years. after he told the bbc that they would make the decision "conscious that there are other meetings that they could act this year" generally,1% in consumer prices rising in march. that comes as the bank of japan governor kuroda begins his second term, vowing to achieve 2% inflation. this week's national bank president says he is not an a hurry to...
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Apr 26, 2018
04/18
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the economic and monetary union remains a priority. urgesverning council specific and decisive steps to complete the banking union and the capital markets are now at your disposal for questions. ion from bloomberg news. at your last press conference, you said strong incoming data on growth was helping to reduce the variance in the path of inflation. now that we have seen some weaker than expected data, is there a risk that the variance in inflation could increase and potentially flow down -- slow down the process of convergence? lastd question, over the four weeks, there have been quite a noticeable drop in the net corporate bond purchases. i wonder if you can the reasons for that? thank you. mr. draghi: let me answer first the second question. i think it is always wrong to f ix attention to one specific week or month. there is a certain amount of flexibility around purchases. what happened here, we had a higher seasonal amount of purchases at some point, therefore we averaged down lower purchases. this coincided also with a downsize of the problem that took place after december. so there is no specific strategy behind the lower amount
the economic and monetary union remains a priority. urgesverning council specific and decisive steps to complete the banking union and the capital markets are now at your disposal for questions. ion from bloomberg news. at your last press conference, you said strong incoming data on growth was helping to reduce the variance in the path of inflation. now that we have seen some weaker than expected data, is there a risk that the variance in inflation could increase and potentially flow down --...
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Apr 22, 2018
04/18
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yes, there has been a lot of new development here, there's the miyako hotel here, there's the union bank, and there's what used to be the old timey hotel with the third-floor garden. but these have all contributed to the vitality of this city because, you know, little tokyo is going down. the japanese-american community--first of all, little tokyo began because of the racial restrictions here. so, this was a-- essentially a ghetto. but now, with the freedom to live everywhere, the japanese-american community is spread throughout. and so, little tokyo is going down. but this new energy that's come back, yes, japanese investment, but also japanese-american investment as well, as well as asian-american investment. for example, little tokyo village at japanese village plaza was developed by a korean-american, but he very much a member of the japanese-american community. so yes, it's a good thing. it's a much more vibrant, vital, economically healthy place. robert: leslie ito, president and ceo of the japanese american cultural & community center, the jaccc. leslie ito: i consider myself a fo
yes, there has been a lot of new development here, there's the miyako hotel here, there's the union bank, and there's what used to be the old timey hotel with the third-floor garden. but these have all contributed to the vitality of this city because, you know, little tokyo is going down. the japanese-american community--first of all, little tokyo began because of the racial restrictions here. so, this was a-- essentially a ghetto. but now, with the freedom to live everywhere, the...
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76
Apr 25, 2018
04/18
by
BLOOMBERG
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eye 76
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the banking unit by october 1. is wek my own expectation will go into the banking union with the same requirement.id that on that for capital reasons. i think it is too early to say. once we are in there, we will have to return to this question. manus: you are one of the bank ceos worth taking an opinion. let's get the casper von koskull take on 3% bond yields. how dramatic is it? casper: i did not hear your question. manus: how much volatility will 3% bond yields bring to markets? think we will see. there is a risk with sudden unexpected movements in yields for bigger dislocations. i think the underlying liquidity is not the same as we have seen in the past. i have always said we should be prepared for big movements if and when that happens, and higher volatility. something iainly talked to our corporate customers about, to be aware when and if that happens, and if it happens fast and unexpected, we will seek quite volatility, so be prepared. anna: thank you very much, casper von koskull, ceo, nordean bank. the banking sector will have a live interview with the credit suisse ceo after 10:00 a.m.
the banking unit by october 1. is wek my own expectation will go into the banking union with the same requirement.id that on that for capital reasons. i think it is too early to say. once we are in there, we will have to return to this question. manus: you are one of the bank ceos worth taking an opinion. let's get the casper von koskull take on 3% bond yields. how dramatic is it? casper: i did not hear your question. manus: how much volatility will 3% bond yields bring to markets? think we...
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Apr 15, 2018
04/18
by
ALJAZ
tv
eye 42
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resolved but these men know that their colleagues in the occupied west bank and retirees here in gaza all had their paychecks days ago the head of their union says the p.a. isn't even taking his phone calls. we're talking about thirty thousand families this isn't a small number they paid employees in the west bank but they didn't pay us in gaza this makes the employees here really afraid. is waiting for his monthly pay a stipend of two hundred ninety dollars awarded after he was shot and injured during a protest three years ago nearly half of it goes on rent for the tiny home he shares with his wife and two daughters their landlord is threatening a fiction. we are prisoners families of martyrs the injured they shouldn't put us in between the two sides they shouldn't connect the reconciliation problems with our salaries because that will destroy one hundred percent of the. the palestinian president and fatah head mahmoud abbas has been threatening further measures designed to increase the pressure on rival faction hamas which controls gaza a reconciliation deal signed in october has been teetering on collapse since almost before the ink a dr
resolved but these men know that their colleagues in the occupied west bank and retirees here in gaza all had their paychecks days ago the head of their union says the p.a. isn't even taking his phone calls. we're talking about thirty thousand families this isn't a small number they paid employees in the west bank but they didn't pay us in gaza this makes the employees here really afraid. is waiting for his monthly pay a stipend of two hundred ninety dollars awarded after he was shot and...
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Apr 13, 2018
04/18
by
KRON
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eye 98
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police in the east bay have identified a man who they say robbed a bank a gunpoint. police say matthew gordon robbed the pacific service credit union on wednesday. the bank is on the crow canyon place. these are pictures pulled for surveillance cameras. police believe gordon is homeless ... and he may be responsible for other bank robberies in the bay area. ( darya ) richmond police are now investigating the third murder in less than a week. the latest killing happened yesterday morning at south 15th street and maine avenue. the victim was found dead at the scene. police believe the shootings are possibly gang related. we spoke with the mother of mark henderson who was also gunned down this week. <"he died right here. he never got an ambulance to go to the hospital. he died in the dirt. his 13-year old sister had to watch him die and i think that's unfair.">( darya ) henderson's family have set up a memorial where the young father was killed. ( james ) staying in the east bay ... all lanes on 580 in oakland are reopen this morning ... following a deadly crash last night. a pedestrian was hit and killed just east of coolidge avenue.
police in the east bay have identified a man who they say robbed a bank a gunpoint. police say matthew gordon robbed the pacific service credit union on wednesday. the bank is on the crow canyon place. these are pictures pulled for surveillance cameras. police believe gordon is homeless ... and he may be responsible for other bank robberies in the bay area. ( darya ) richmond police are now investigating the third murder in less than a week. the latest killing happened yesterday morning at...
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Apr 26, 2018
04/18
by
BLOOMBERG
tv
eye 78
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the european banking system. europeanifully capture banking. where will the ecb be in five years ? we used this chart to explain the massive challenges developuro reform to the banking unionium-term, the intention is to make the eurozone more stable. two essentially take pressure off of the ecb. the institutional framework of the eurozone needs to become more solid, stable, and we need to improve the buffers for recessions, deeper sessions. that would also be -- deep recessions. that would also be a really for the ecb. we have an important summit at the end of june when some banking-related issues will have to be tackled and important decisions made. mario draghi and his colleagues will follow closely and hope eurozone politicians hesitationme their and make real progress. was a headline from angela merkel's spokespeople about trade and they are expecting tariffs to come on may 1. how many questions will mario draghi field on this? up,: people will bring it but trade negotiations take a long time. we can look at prior bouts of trade tension in the bush era or similar. the thing to remember is there is a distinct last move right spats. in trade under the rules, if you find
the european banking system. europeanifully capture banking. where will the ecb be in five years ? we used this chart to explain the massive challenges developuro reform to the banking unionium-term, the intention is to make the eurozone more stable. two essentially take pressure off of the ecb. the institutional framework of the eurozone needs to become more solid, stable, and we need to improve the buffers for recessions, deeper sessions. that would also be -- deep recessions. that would also...
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Apr 22, 2018
04/18
by
BBCNEWS
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before the end of this mandate we must define a roadmap which allows us to advance step—by—step towards a banking unionallows for stability and convergence in the eurozone. he is still going. it has been about three hours. the three hours and more of debate left meps thrill. well, most of them. the president's speech was impressive and very practical. good, good. was ita and very practical. good, good. was it a blockbuster? he is such a start. what can i say? i don't agree with his policies but he is charismatic. he listened more than he spoke and that is always a good thing ina he spoke and that is always a good thing in a politician. thumbs up for emmanuel macron? great. i think is thing in a politician. thumbs up for emmanuel macron? great. ithink is a visionary. he has a vision we have to support him. he was rather smaller than i thought. like napoleon, i suppose. the messiah was on his way out. next stop, berlin, to cell his plans for the euro to the sceptical germans. the risk on the sceptical germans. the risk on the one hand, and the responsibility on the other hand, they have to go together. w
before the end of this mandate we must define a roadmap which allows us to advance step—by—step towards a banking unionallows for stability and convergence in the eurozone. he is still going. it has been about three hours. the three hours and more of debate left meps thrill. well, most of them. the president's speech was impressive and very practical. good, good. was ita and very practical. good, good. was it a blockbuster? he is such a start. what can i say? i don't agree with his policies...
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finally will spoke turned up substitute yossi break hello left this hopeful free kick beyond the fitness union polish bank. but hamburg bounced back luke about schmidt when his side another penalty and added time cost each missed but belgium it was on hand again to score his first of the season was. hamburg celebrates a third win in format just to give fans fresh belief. bruno love at the as wolves on the other hand may soon need a miracle of their own. well there was plenty more action on saturday we'll take a look at the mid table clash between hatter berlin and out bird we'll also bring you all the action from. shell to hosting bloodbath but first we start with these two coaches behind me this is byron hosted a frankfurt side that has has had a poor run of form of late their performances are certainly not the way coach nico cold arch wants to finish his tenure and i'm touched before. he takes over in munich next season so let's find out had the two german cup finalists hired in the capital. make a kovacs was out to impress his future employers who had one eye on the second leg of the champions league s
finally will spoke turned up substitute yossi break hello left this hopeful free kick beyond the fitness union polish bank. but hamburg bounced back luke about schmidt when his side another penalty and added time cost each missed but belgium it was on hand again to score his first of the season was. hamburg celebrates a third win in format just to give fans fresh belief. bruno love at the as wolves on the other hand may soon need a miracle of their own. well there was plenty more action on...
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132
Apr 13, 2018
04/18
by
KRON
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eye 132
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) new this morning ...police in the east bay have identified a man who they say robbed a bank a gunpoint. police say matthew gordon robbed the pacific service credit unionthe crow canyon place. these are pictures pulled for surveillance cameras.police believe gordon is homeless ... and say he may also be responsible for other bank robberies in the bay area. in addition to hanging around the bay area ... he is also know to frequent washington state. ( darya ) after months without a homicide... richmond police are now investigating a third murder in less than a week. the latest killing happened yesterday morning at south 15th street and maine avenue. the victim was found dead at the scene. police believe that the shootings are possibly gang related. we spoke the mother of mark henderson who was also gunned down this week. <"he died right here. he never got an ambulance to go to the hospital. he died in the dirt. his 13-year old sister had to watch him die and i think that's unfair.">( darya ) henderson's family have set up a memorial where the young father was killed. ( james ) staying in the east bay ... all lanes on 580 in oakland are reopen this mornin
) new this morning ...police in the east bay have identified a man who they say robbed a bank a gunpoint. police say matthew gordon robbed the pacific service credit unionthe crow canyon place. these are pictures pulled for surveillance cameras.police believe gordon is homeless ... and say he may also be responsible for other bank robberies in the bay area. in addition to hanging around the bay area ... he is also know to frequent washington state. ( darya ) after months without a homicide......
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48
Apr 22, 2018
04/18
by
BBCNEWS
tv
eye 48
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his idea, which many will see as federalism, straightforwardly, that the eurozone should come closer together, a banking uniont, is that going to wash? i doubt it. things are moving emotionally in the other direction. we are seeing a revival of nationalism. i don't think it is going to happen, particularly as he has been very close to the germans, but angela merkel isn't having it, and in her new government her new partners aren't having it either. the germans are very worried at the idea that anybody else is going to control finances, that some central bank will control finances. so i do think so. i think he will be on his own. but he will get huge support for the idea that europe must remember its liberal heart, and at the moment it is letting the poles, the hungarians, get away with things that are not basic human rights that they have signed up to human rights to be members of europe, and yet they are disobeying them, with the distinction between keeping the law separate to the executive and so on. i think he might get support for saying we need to get tougher on those people not keeping to the broad prin
his idea, which many will see as federalism, straightforwardly, that the eurozone should come closer together, a banking uniont, is that going to wash? i doubt it. things are moving emotionally in the other direction. we are seeing a revival of nationalism. i don't think it is going to happen, particularly as he has been very close to the germans, but angela merkel isn't having it, and in her new government her new partners aren't having it either. the germans are very worried at the idea that...
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156
Apr 20, 2018
04/18
by
FOXNEWSW
tv
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federation, 1.7 million nationwide ending the relationship with wells fargo after the bank decided not to cut ties with the nra, the unionon the bank to do this. this could hurt wells fargo, and we can only assume in light of silence, the nra business is more valuable than educators are. and wells fargo said they leave this up to lawmakers for the gun debate. julie: we make that ready? >> the rocket launching a new tequila line. and the polynesian name to spirit anomic - when will be released, can you smell what the rock is drinking? >> the mcdonald's apps or applecare, minimum purchase, a minimum order of french fries for free. not a small little order, substantial amount of french fries. >> i didn't know that. thank you so much. >> 25 minutes after the hour. a direct threat to take out a cop. >> ms 13 wants to threaten a cop in this county, ms 13 will get an answer. >> police officers bowing to respond with force. >> a 911 operator heading to jail for hanging upon thousands of emergency calls and if that is not bad enough wait until you hear why. ♪ hi, i'm liz tryon. and i'm mike tryon. and this is our sears hometown s
federation, 1.7 million nationwide ending the relationship with wells fargo after the bank decided not to cut ties with the nra, the unionon the bank to do this. this could hurt wells fargo, and we can only assume in light of silence, the nra business is more valuable than educators are. and wells fargo said they leave this up to lawmakers for the gun debate. julie: we make that ready? >> the rocket launching a new tequila line. and the polynesian name to spirit anomic - when will be...
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84
Apr 15, 2018
04/18
by
ALJAZ
tv
eye 84
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quote 0
resolved but these men know that their colleagues in the occupied west bank and retirees here in gaza all had their paychecks days ago the head of their union says the p.a. isn't even taking his phone calls. we're talking about thirty thousand families this isn't a small number they paid employees in the west bank but they didn't pay us in gaza this makes the employees here really afraid. is waiting for his monthly pay a stipend of two hundred ninety dollars awarded after he was shot and injured during a protest three years ago nearly half of it goes on rent for the tiny home he shares with his wife and two daughters their landlord is threatening a fiction. we are prisoners families of martyrs the injured they shouldn't put us in between the two sides they shouldn't connect the reconciliation problems with our salaries because that will destroy goals one hundred percent of the. the palestinian president and fatah head mahmoud abbas has been threatening further measures designed to increase the pressure on rival faction hamas which controls gaza a reconciliation deal signed in october has been teetering on collapse since almost before the ga
resolved but these men know that their colleagues in the occupied west bank and retirees here in gaza all had their paychecks days ago the head of their union says the p.a. isn't even taking his phone calls. we're talking about thirty thousand families this isn't a small number they paid employees in the west bank but they didn't pay us in gaza this makes the employees here really afraid. is waiting for his monthly pay a stipend of two hundred ninety dollars awarded after he was shot and...
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41
Apr 13, 2018
04/18
by
BLOOMBERG
tv
eye 41
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we are talking about the banking union and the common deposits.f northern countries have cold feet. germany does not too keen, the new finance minister is not too keen. there is the idea of alsoforming the ef cm -- on that space, some countries went to make sure that any support from the new emf would be conditional to automatic restructuring. some countries like italy don't want to hear about that. on the budget, very low appetite from germany. it seems the francine: german plan which is -- the franco -german plan is not progressing well. in a global environment, that is quite conducive in terms of the economy development. i don't think we should be too worried, but we are wasting time in terms of repairing the next crisis. -- the next time we have a downturn, will we have the tools in place to savor the integrity of the eu? that is the concern. more structurally, medium-term, what happens when we have an economic downturn? >> are you constructive pound? is at the end, both sides will compromise. this is indeed what we have seen so far. the compr
we are talking about the banking union and the common deposits.f northern countries have cold feet. germany does not too keen, the new finance minister is not too keen. there is the idea of alsoforming the ef cm -- on that space, some countries went to make sure that any support from the new emf would be conditional to automatic restructuring. some countries like italy don't want to hear about that. on the budget, very low appetite from germany. it seems the francine: german plan which is --...
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50
Apr 21, 2018
04/18
by
CSPAN2
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eye 50
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next crisis we can have a conversation i don't think anybody in this chamber suggest the community banks or credit unions were the cause which in many circumstances of what dodd frank doesn't want the beer out i will try to fix that to taylor the size and sophistication of the various entities that we oversee and that makes sense. >> that is a change of direction from the previous director to apply the actual law. so to talk about that qualitative analysis and expand on that. >> i just want more data it just would not have met my test with that lawsuit that we dismissed that filter that i came down to where i have brought that lawsuit if i was the director at the time and to have that same analysis to say if i was the director coming across my desk would that be sufficient to have a final answer? no. >> i yield to you for any questions you may have. >> with respect university of maryland resources with those that redistribution of credit into wealthy households under section 10222 describe the rule to shall use covered persons with the reduction of access by consumers with consumer financial products. we
next crisis we can have a conversation i don't think anybody in this chamber suggest the community banks or credit unions were the cause which in many circumstances of what dodd frank doesn't want the beer out i will try to fix that to taylor the size and sophistication of the various entities that we oversee and that makes sense. >> that is a change of direction from the previous director to apply the actual law. so to talk about that qualitative analysis and expand on that. >> i...