Governor of Eesti Pank and member of the Governing Council of the European Central Bank Ardo Hansson says there is no reason to hope that interest rates on loans will forever remain as low as they are now.
- The central banker believes that the Estonian economy is already simmering... more
Governor Ardo Hansson gave a lecture to the Research Centre SAFE (Sustainable Architecture for Finance in Europe) at Goethe University entitled Euro Area Monetary Policy: Effects and Side-effectsEuro area monetary policy: effects and side effects from Eesti Pank
- The economy was driven upwards mainly by a burst of growth in demand
- Increased investment is required for the economy to continue to succeed
- An increase in employment rather than in investment has brought the labour market very close to overheating
The year... more
Interview with Ardo Hansson, Governor of Eesti Pank and Member of the Governing Council of the European Central Bank (ECB)
Mr. Hansson, is inflation dead?
No, definitely not. Of course, we all face a certain puzzle: The economy in the euro area, for example, is currently... more
FRANKFURT — Eurozone countries should not get their hopes too high on ever-closer fiscal cooperation and a European finance ministry to help out countries in trouble, according to Ardo Hansson, head of the Bank of Estonia and a hawkish member of the European Central Bank governing council.... more