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Bundesbank President Jens Weidmann has called on the euro-area countries to embrace fiscal prudence, arguing in a speech in Hamburg that the tighter the fiscal space, the more central banks will come under political pressure to stabilise economic activity in the short run – even if that does mean compromising on price stability.
© Michael Zapf Hamburg’s Town Hall was the venue

Since the beginning of the recent economic crisis employment in advanced economies has fallen strongly. However, developments across European countries differed markedly. Southern European countries, with higher structural unemployment already before the crisis, experienced further detoriations in labour markets, and unemployment is particularly high among specific segments, such as the young.
Conference venue Conference Centre of the Deutsche

A Conference by Deutsche Bundesbank, the German Research Foundation (DFG) and the International Monetary Fund
Conference venue Conference Centre of the Deutsche