>> GROUP: Shadow ECB Council / EZB-Schattenrat  Jan Mallien

Jan Mallien: The members of the Shadow ECB Council will discuss the following topic at their next conference call on Thursday, 7 June:

"How dangerous is the current political situation in Italy for the euro-area as a whole? How will it affect the normalization of monetary policy?"

The members of the Shadow ECB Council will post their pre-meeting statements in the TEEC-Forum "Shadow ECB Council / EZB-Schattenrat". All TEEC members are invited to contribute to the discussion by personal comments in this forum. To post your comment please click on the link beneath the headline.

+++ Background: The Shadow ECB Council was founded in 2002 upon an initiative of Handelsblatt, the German business and financial daily. It is an unofficial panel, independent of the ECB/Eurosystem, and comprising prominent European economists drawn from academia, financial institutions, consultancies, companies and research institutes. The Shadow Council usually convenes by telephone conference on a quarterly basis. Its discussions take place before the official ECB Governing Council "policy" meetings. +++
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