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E.ON SE: | MarketScreener

EQS-News: E.ON SE / Key word: AGM/EGM E.ON SE: 17.05.2023 / 14:46 CET/CEST The issuer is solely responsible for the content of this announcement. Erich Clementi elected new. | May 17, 2023

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High-Level Working Group Calls On ECB Governing Council To Turn Around Monetary Policy - Stoiber And Steinbr端ck: "European Central Bank Must Now Signal An End To Ultra-Loose Monetary Policy" / Government Bond Purchases Must Be Promptly Scaled Back/ The German Bundestag Is Now Also Being Called Upon / Current Monetary Policy Is Socially Detrimental

<p><span>On the occasion of the meeting of the ECB Governing Council on 16 December 2021, a high-level working group headed by former prime ministers and candidates for chancellor Peer Steinbr&uuml;ck and Edmund Stoiber is calling on the European Cen-tral Bank to do more to reduce the increasing inflation rate. Stoiber and Steinbr&uuml;ck: "The ECB is neglecting its fundamental task of maintaining price stability by not ad-justing its ultra-loose monetary policy despite rising inflation rates. Contrary to the ECB s assumption that the trend is temporary, there is a high risk that inflation ex-pectations will become entrenched, thus driving inflation further." The resignation of the leading voice for stability in the ECB Governing Council, Bundesbank President Weidmann, should serve as a warning, they said. "We expect the ECB Governing Council to send a clear signal for a turnaround in monetary policy at its meeting and as a first step to substantially

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Armin Laschet: Sinneswandel beim Mittelstand

Armin Laschet: Sinneswandel beim Mittelstand
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BSRG in Guinea: Part 4 – Lessons Learned | Thomas Fox

To embed, copy and paste the code into your website or blog: This week I have been exploring and reviewing the Beny Steinmetz guilty verdict in a Swiss court for bribery and corruption in the obtaining of mining rights in Guinea.  As reported by the BBC, the corruption was engaged in by the Beny Steinmetz Group (BSRG) which paid $2m to Mamadie Touré, fourth wife of the then Guinean President, Lansana Conté, to help it secure rights to mineral deposits back in 2007. The corruption was memorialized in contracts which specified for BSRG to make payments and transfer shares in the mine to her. To monetize those rights BSRG then sold 51% of the mining rights to the Brazilian company Vale for some $2 billion. Today I want to conclude with some lessons learned for the compliance professional in this sordid tale.

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