Ladies and Gentlemen At the Bundesbank's capital reception you can usually expect a carefree evening and a Bundesbank President who says something about inflation and monetary policy. It should be an evening like that. But given the situation in the Middle East, it's difficult for me to start with business as usual. Ten days ago today, terrorists in Israel brutally killed hundreds of people. More than 260 festival visitors died in the massacre in Re'im alone. Almost all people in Israel mourn the death of friends or relatives, hope for the recovery of the injured, fear for a loved one who has been taken hostage. I ... (full story)