Since in this case probably a limit of this practice would be exceeded, can be difficult to predict the reliability of this statement. Already among the German real estate market suggests trends of higher inflation. To meet the, it is considered necessary, the interest rate to increase, which in turn leads to higher costs of credit financing in the debt crisis. This balancing act is even more pronounced by the various interests due to different economic problems between northern and southern Member States. A change in the federal funds interest rate is currently not in the conversation. Thus also the investors contribute to the debt: interest rates on money market accounts are below the rate of inflation. After deduction of taxes, there is no black zero than yield in Germany. The result is always red.
Also the ECB accountable also obligations to bring rights. The ECB accountable Europe towards the public and elected representatives and the especially in the current financial crisis. And that means to publish also balance sheets, such as the target receivables and other accounts. Furthermore, she shall report the European Parliament regularly and must check their year-end reports by independent auditors. The efficiency of their management is regularly inspected by the European Court of Auditors. Going beyond their objectives the ECB itself published monthly decisions of Governing Council and submit monthly instead of quarterly reports. Criticism of her self and her catalogue of measures is practiced currently increasingly due to the reactions of the European Central Bank on the worsening of the debt crises in the euro area. The main criticisms are the purchase of Greek, Italian and Spanish Government bonds on the secondary market, not by the States directly, and the planning and implementation of the euro bailout Fund, as is the role of the ECB in the further financial crisis and how this process of dealing with their tasks and Goals influence, will show the future.
