Tag: Schnabel

  • The ECB’s independence in times of mounting public debt

    INTERVIEW Contribution by Isabel Schnabel, Member of the Executive Board of the ECB, Frankfurter Allgemeine Zeitung 10 October 2020 The pandemic is driving up government debt throughout the world. In the euro area, it is set to exceed 100% of GDP, a level that is, however, still below that of many advanced economies. In Germany…