Germany’s cabinet has approved a 2023 draft budget that foresees a sharply lower €17bn deficit in a bid to restore fiscal orthodoxy after the Covid crisis. Otmar Issing, the first chief economist of the European Central Bank and former board member at Deutsche Bundesbank, joins OMFIF to discuss budgetary implications and policies to curb inflation. He also explores Germany’s response to the energy crisis, especially following a huge increase in gas prices triggered by Russia’s decision to sharply reduce supplies.
Policy responses to high inflation and the energy crisis Wednesday 27 July, Roundtable Jens Ulbrich, director general of economics at the Deutsche Bundesbank, discusses German and European policy responses to the energy crisis and losing Russia’s natural gas supply. He also gives an overview of economic and monetary developments.
International standards for sustainable finance Thursday 15 September, Conference OMFIF hosts a conference in Frankfurt examining how the European Union can strengthen its sustainable finance competitive process. The conference brings together representatives from both the public and private sector.
In conversation with Charles Evans Tuesday 27 September, BroadcastIt has been a turbulent year for the US economy, with interest rate hikes and quantitative tightening. Charles Evans, president of the Federal Reserve Bank of Chicago, joins OMFIF for a conversation on the future of the US economy and the path to recovery.
Future of the euro area: navigating uncertainty Wednesday 5 October, Seminar This high-level seminar discusses policy responses to rising inflation in the euro area, exacerbated by Russia’s invasion of Ukraine. Other topics include the transmission of monetary policy across the euro area and the green transition.
