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Stefan Gerlach
Who can influence the ECB?
By Stefan Gerlach - Oct 06,2019
ZURICH — Three months after they chose Christine Lagarde to succeed Mario Draghi as president of the European Central Bank (ECB), eurozone governments now have other major personnel decisions to make regarding the ECB’s Executive Board.
Lagarde’s ECB checklist
By Stefan Gerlach - Jul 27,2019
ZURICH — The surprise nomination of Christine Lagarde to serve as the next president of the European Central Bank (ECB) has pleased many observers, including me, and disappointed others.
The global financial system’s weakened defences
By Stefan Gerlach - Jun 09,2016
Eighty-five years ago this month, Credit-Anstalt, by far the largest bank in Austria, collapsed.By that July, banks in Egypt, Germany, Hungary, Latvia, Poland, Romania and Turkey had experienced runs.A banking panic hit the United States in August, though the sources of that pani


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