More - Otmar Issing Quotes

Quarterly figures are very volatile and susceptible to revision, particularly at the turn of the year.

Otmar Issing

 

Should central banks simply look on when asset bubbles are forming? Should they only launch 'rescue missions' when the bubble has burst of its own accord?

Otmar Issing

 

A regime of fixed foreign-exchange rates and obligations to intervene would encroach upon the statute of the ECB and the priority of price stability.

Otmar Issing

 

A regime of fixed foreign-exchange rates and obligations to intervene would encroach upon the statute of the ECB and the priority of price stability,

Otmar Issing

 

Rising oil prices are not only affecting current inflation rates but they're also overshadowing next year, ... It can't be ruled out that risks for price developments will deteriorate that much over the medium term that we might have to expect the annual inflation rate to slightly exceed 2 percent.

Otmar Issing

 Inflation

sick man of Europe.

Otmar Issing

 Man

We've got to stop a wage-price spiral coming after the oil price shock. But so far we haven't seen such second-round effects,

Otmar Issing

 

We are of course open to criticisms,

Otmar Issing

 

Economic activity in the first quarter clearly picked up from the previous quarter and the trend that was reached should more or less hold in the second quarter. However, that means that the expected acceleration did not occur.

Otmar Issing

 

Potential political pressures must be resisted, ... The best contribution the ECB can make to the economic and social wellbeing of the euro area is to maintain price stability.

Otmar Issing

 Potential