BUSINESSWEEK ONLINE : MARCH 27, 2000 ISSUE
INTERNATIONAL -- EUROPEAN COVER STORY

Expert Opinion


The creme de la creme of ECB watchers concur that the bank will increase 
interest rates to 4% by year's end. But they don't all agree on its 
performance.

NAME                                                OPINION OF ECB

THOMAS MAYER Goldman Sachs, Frankfurt                 Negative

UWE ANGENENDT BHF-Bank, Frankfurt                     Neutral

JOACHIM FELS, ELGA BARTSCH Morgan Stanley, London     Negative

KEVIN MUEHRING, JOSHUA MAY Medley, New York           Positive

STEFAN SCHNEIDER Deutsche Bank, Frankfurt             Negative


DATA: BUSINESS WEEK


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