{"id":726,"date":"2011-09-09T15:48:47","date_gmt":"2011-09-09T19:48:47","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=726"},"modified":"2011-09-09T15:48:47","modified_gmt":"2011-09-09T19:48:47","slug":"ecbs-top-german-representative-resigns-wsj-com","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/09\/ecbs-top-german-representative-resigns-wsj-com\/","title":{"rendered":"ECB&#8217;s Top German Representative Resigns &#8211; WSJ.com"},"content":{"rendered":"<blockquote><p>Germany&#8217;s top representative on the European Central Bank resigned in an apparent protest of the bank&#8217;s recent interventions in euro-zone debt markets&#8230;&#8230;.J\u00fcrgen Stark is stepping down &#8220;for personal reasons,&#8221; the ECB said in a statement&#8230;&#8230; Mr. Stark, one of the ECB&#8217;s most outspoken anti-inflation &#8220;hawks,&#8221; had opposed the ECB&#8217;s decision last month to reactivate its government bond purchase program&#8230;.<\/p><\/blockquote>\n<p>via <a href=\"http:\/\/online.wsj.com\/article\/SB10001424053111903285704576560411990091924.html?mod=WSJ_World_MIDDLENews\">ECB&#8217;s Top German Representative Resigns &#8211; WSJ.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Germany&#8217;s top representative on the European Central Bank resigned in an apparent protest of the bank&#8217;s recent interventions in euro-zone debt markets&#8230;&#8230;.J\u00fcrgen Stark is stepping down &#8220;for personal reasons,&#8221; the ECB said in a statement&#8230;&#8230; Mr. Stark, one of the ECB&#8217;s most outspoken anti-inflation &#8220;hawks,&#8221; had opposed the ECB&#8217;s decision last month to reactivate its &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/09\/ecbs-top-german-representative-resigns-wsj-com\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ECB&#8217;s Top German Representative Resigns &#8211; WSJ.com&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[956,1169,1295],"class_list":["post-726","post","type-post","status-publish","format-standard","hentry","category-uk-europe-countries-regions","tag-debt","tag-ecb","tag-euro-zone"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ECB&#039;s Top German Representative Resigns - WSJ.com - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ECB&#039;s Top German Representative Resigns - WSJ.com - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Germany&#8217;s top representative on the European Central Bank resigned in an apparent protest of the bank&#8217;s recent interventions in euro-zone debt markets&#8230;&#8230;.J\u00fcrgen Stark is stepping down &#8220;for personal reasons,&#8221; the ECB said in a statement&#8230;&#8230; Mr. Stark, one of the ECB&#8217;s most outspoken anti-inflation &#8220;hawks,&#8221; had opposed the ECB&#8217;s decision last month to reactivate its &hellip; Continue reading &quot;ECB&#8217;s Top German Representative Resigns &#8211; WSJ.com&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/09\/ecbs-top-german-representative-resigns-wsj-com\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2011-09-09T19:48:47+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/09\\\/09\\\/ecbs-top-german-representative-resigns-wsj-com\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2011\\\/09\\\/09\\\/ecbs-top-german-representative-resigns-wsj-com\\\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"ECB&#8217;s Top German Representative Resigns &#8211; 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Senior German officials say the ECB's help is what [Italian premier Mario] Monti has really been after all along. The Italian leader is convinced that the June 28 summit provided political cover for the ECB to take bold action,\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3657,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/29\/ecb-allots-e529-5-billion-in-long-term-refinancing-operation-wsj-com\/","url_meta":{"origin":726,"position":1},"title":"ECB Allots \u20ac529.5 Billion in Long-Term Refinancing Operation &#8211; WSJ.com","author":"ColinTwiggs","date":"February 29, 2012","format":false,"excerpt":"LONDON\u2014The European Central Bank said it handed out \u20ac529.5 billion $712.7 billion in cheap, three-year loans to 800 lenders, the central bank's latest effort to arrest a financial crisis now entering its third year. Wednesday's loans were on top of the \u20ac489 billion of similar loans the ECB dispensed to\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3231,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/01\/04\/bank-to-bank-euribor-rates-extend-post-ecb-cash-drop-reuters\/","url_meta":{"origin":726,"position":2},"title":"Bank-to-bank Euribor rates extend post-ECB cash drop | Reuters","author":"ColinTwiggs","date":"January 4, 2012","format":false,"excerpt":"Key euro zone bank-to-bank lending rates continued to drop on Wednesday, pulled down by the ECB's recent record injection of almost half a trillion euros of ultra-long and ultra-cheap three-year liquidity. Euro zone banks received 489 billion euros late last month in the first of two opportunities to access the\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2443,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/29\/ecb-expected-to-unleash-qe-money-printing-after-launching-of-euro-bonds-the-market-oracle-financial-markets-analysis-forecasting-free-website\/","url_meta":{"origin":726,"position":3},"title":"ECB Expected to Unleash QE Money Printing after Launching of Euro-Bonds :: The Market Oracle","author":"ColinTwiggs","date":"November 29, 2011","format":false,"excerpt":"In return for surrendering fiscal policy to Brussels, - Berlin and Paris, the key paymasters of the Euro-zone, would agree to the creation of a common Eurobond that would pool the credit ratings and collateral of all participating Euro-zone countries into a single fixed income instrument. Chancellor Merkel says that\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4652,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/18\/ecbs-nowotny-cautions-against-single-minded-austerity-real-time-economics-wsj\/","url_meta":{"origin":726,"position":4},"title":"ECB\u2019s Nowotny Cautions Against \u2018Single-Minded\u2019 Austerity &#8211; Real Time Economics &#8211; WSJ","author":"Colin Twiggs","date":"June 18, 2012","format":false,"excerpt":"\u201cThe single-minded concentration on austerity policy (in the 1930s) led to mass unemployment, a breakdown of democratic systems and, at the end, to the catastrophe of Nazism,\u201d said Ewald Nowotny [Austria\u2019s central bank governor and member of ECB governing council] at a financial conference in Vienna. He added that central\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5319,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/22\/germany-backs-draghi-bond-plan-against-bundesbank-telegraph\/","url_meta":{"origin":726,"position":5},"title":"Germany backs Draghi bond plan against Bundesbank &#8211; Telegraph","author":"Colin Twiggs","date":"August 22, 2012","format":false,"excerpt":"By Ambrose Evans-Pritchard, 9:39PM BST 20 Aug 2012 \u201cA currency can only be stable if its future existence is not in doubt,\u201d said J\u00f6rg Asmussen, the powerful German member of the ECB\u2019s executive board. 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