ECB's Draghi to meet German lawmakers on Sept 28
- Wall Street surges to new highs; transports set record
- lululemon athletica (LULU) Tops Q3 EPS by 4c; Adj.-Comps Outpaced Views
- Abbott (ABT) Files Complaint to Terminate Alere (ALR) Acquisition
- Costco Wholesale (COST) Tops Q1 EPS by 5c; Comps Up 1%, 2% Ex-Gas
- After-Hours Stock Movers 12/07: (VYGR) (LULU) (HRB( Higher; (OHRP) (VRNT) (CMTL) Lower (more...)
Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.
BERLIN (Reuters) - European Central Bank President Mario Draghi will address a German parliamentary committee on Sept. 28 to discuss monetary policy, a spokeswoman for the bank said on Saturday.
Draghi will give a short speech to the European committee of the German Bundestag, followed by questions, the Frankfurter Allgemeinen Sonntagszeitung reported in its Sunday issue, quoting the head of the committee, Gunther Krichbaum.
Krichbaum told the paper, which first reported the date for the meeting, that the finance and budget committees would also take part, but Finance Minister Wolfgang Schaeuble would not attend.
Relations between Europe's largest economy and the ECB have been tense due to criticisms made by German government officials, who argue that the ECB's ultra easy monetary policy is eroding the savings of thrifty Germans and eroding profit margins for banks.
Schaeuble has also blamed the ECB's policies for the recent rise of a right-wing anti-immigration party, Alternative for Germany, which is poised to make huge gains in Sunday's election in the northern state of Mecklenburg-Vorpommern.
The ECB's spokeswoman said Draghi had last spoken in the German parliament in 2012. He has also spoken to the Spanish, French, Italian and Finnish national parliaments, she said.
German lawmakers had invited Draghi in the spring after he responded sharply to their criticism of monetary policy, and he quickly accepted the invitation.
(Reporting by Andrea Shalal)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Israeli forces kill Palestinian brandishing knife: police
- New number-crunching gets Japan's GDP closer to premier's goal
- China Nov exports, imports rise unexpectedly, commodity purchases soar
Create E-mail Alert Related CategoriesReuters
Related EntitiesEuropean Central Bank
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!