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Former central bankers attack ECB’s monetary policy

“As former central bankers and as European citizens, we are witnessing the ECB’s ongoing crisis mode with growing concern,” said the memo that was signed by several German, Austrian, Dutch and French former central bankers including Jürgen Stark and Otmar Issing, who both worked as ECB chief economist.

FT 4 October 2019

The extraordinary salvo from six eminent European former central bank mandarins against the European Central Bank’s ultra-loose monetary policy earlier this month is too easily dismissed as the work of tired hawks protecting the interests of rich northern Europeans.

John Plender 15 October 2019

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