Tag: Negative Interest
From as little as 5000 euros: negative interest rates reach small savers
Friday December 31, 2021 From 5000 euros Negative interest rates reach small savers While there is a dispute in court about whether negative interest rates are even permissible for private…
Inflation is picking up speed: We are caught in an interest rate disaster
Thursday December 30th 2021 Inflation is picking up pace We are stuck in an interest rate disaster From Frank Meyer Interest has disappeared. So the basic problem of our time…
“Economic nirvana”: judgment on penalty interest rates can hit banks hard
Saturday 20th November 2021 “Economic Nirvana” Banks can have a hard time ruling on penalty interest rates From Laura Eßlinger A ruling by the Berlin regional court calls the business…
Court prohibits custody fees: Sparda-Bank has to repay customers penalty interest
Tuesday, November 16, 2021 Court prohibits custody fees Sparda-Bank has to repay customers penalty interest Around every third bank now asks savers to pay for higher credit. The consumer advice…
Sparkasse Vogtland is right: the court declares negative interest rates permissible
Thursday, July 8th, 2021 Sparkasse Vogtland is right The court declares negative interest permissible Sparkasse Vogtland wants to collect negative interest rates from new and existing customers who change their…
Economist explains negative interest rates: “There is nothing in the constitution about savers”
Monday, July 5th, 2021 Economist explains negative interest rates “There is nothing in the constitution about savers” Constitutional lawyer Paul Kirchhof claims that the European Central Bank’s negative deposit rates…
Kirchhof suspects expropriation: there is no right to interest
The European Central Bank has a new opponent: ex-constitutional judge Paul Kirchhof. The lawyer considers the negative interest rate policy to be a violation of the constitution. However, this does…