Bundesbank sees no need for global stimulus as recovery on track
Germany's central bank sees no need for a new global stimulus package like the one advocated by the International Monetary Fund, as it expects the world's economy to continue to recover, Bundesbank board member Andreas Dombret said on Friday.
IMF calls for the world's largest economies to embark on fresh stimulus have gone unheeded in Germany, where the central bank opposes further monetary easing and the government is reluctant to eat into its record budget surplus.
"We see no need for a global, coordinated package of monetary, fiscal and structural measures," Dombret said ahead... read more
- 21:04 Education progress in Derby 'still lagging behind' but more skills...
- 21:03 Neighbours tell of shock after vehicles set on fire in Wallasey
- 21:02 Brazil team-mate lifts lid on striker's Chelsea transfer move
- 21:02 Gerard Deulofeu explains why he quit Everton
- 21:01 BREAKING: Pilot dead after plane crashes at airport
- 20:58 Everton complete midfielder transfer: Medical passed, boss speaks out
- 20:58 Ryan Mason's family 'overwhelmed' by support after Hull City...
- 20:57 Algeria crash out of the Africa Cup of Nations as Leicester City...
- 20:55 Exiled Gambian ruler accused of stealing millions of pounds
- 20:55 China closes 111 golf courses to save water and land
- 20:53 Mexico's Pena Nieto outlines goals for talks with Trump
- 20:53 Nigeria: Babies used in suicide bombings, officials warn
- 20:51 If the government loses its Supreme Court appeal what happens next?
- 20:47 'An angel was sent from above to come down and carry you': Listen...
- 20:45 Residents tell of parking 'nightmare' outside Derby primary school
- 20:45 Resident Evil 7 Reviews: The final verdict for Biohazard
- 20:44 All part of a plan: Saido Berahino joining youngest Stoke team in a...
- 20:42 Paolo Maldini reveals huge Arsenal and Chelsea transfer news
- 20:40 'It's the portal to the upside down world!' Southern California...
- 20:40 Mining, fracking and construction are increasingly triggering...
- 20:40 The mystery of New England's 1816 'year without a summer':...
- 20:40 Burst pipe hits water supplies around Craven Arms prompting repairs
- 20:38 Chelsea plot swoop on AC Milan: Blues keen on veteran
- 20:38 Star man in fitness race: He could miss huge Liverpool v...
- 20:37 Role models project is creating a mosaic of future Yorkshire talent
- 20:36 Role models project is creating a mosaic of future Yorkshire talent
- 20:36 Government accused of ‘stonewalling MPs’ over Trident as US...
- 20:34 These are the legal add-ons for Kodi - and the ones to avoid
- 20:33 Ronnie O'Sullivan vows to hunt down Stephen Hendry after seventh...
- 20:31 Restructure at Greggs puts 100 bakery jobs under threat in Lanarkshire