Ewald Nowotny

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Last quote by Ewald Nowotny

There is neither an economic, nor a political reason for this. Greece is a European problem and Europe will solve it.feedback
Feb 10 2017 IMF
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Ewald Nowotny is associated, including Hans Joerg Schelling and London. Most recently, Ewald Nowotny has been quoted saying: “I am not saying we will make a decision [on tapering] in summer, [but] we will have better information for making a decision in summer.” in the article Euro zone growth outpaces the US for the first time since the 2008 crash. An other article where Ewald Nowotny has been quoted is ECB to review policy in June, won't wind down stimulus: Nowotny.
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Ewald Nowotny quotes

I think Finance Minister Hans Joerg Schelling will get the needed majority. It's like a band-wagon effect.feedback

The role of this financial centre (in London) will deteriorate, no doubt (in case of a Brexit).feedback

There are agreements between the (ECB and the BoE) for mutual liquidity help, which means that if necessary it will be assured that there would not be liquidity bottlenecks either at English banks or at European banks.feedback

If there is no clear improvement … especially in the inflation data, I see no room for changes at the ECB.feedback

I think there will be movements towards a normalization of inflation rates starting this summer. We do not expect that oil prices will go down with (as) dramatic a decrease as last year, so just automatically as an echo effect we will have higher inflation.feedback

I want to underline this because, frankly speaking, I think one should not over-dramatize the low inflation rates that we just experience now.feedback

There is obviously no doubt a decline that results in enormous destruction of wealth has very negative consequences for the overall mood.feedback

That underscores why measures of the European Central Bank in this phase are of such importance. Because the ECB is a certain guarantor that appropriate liquidity backups are possible for banks, at least those in the euro zone.feedback

We have a very clear position; we want the programmes that have been discussed just now to stay on track and that is our priority.feedback

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