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ECB eyeing council revamp ahead of enlargement
GERMANY - The European Central Bank is studying draft proposals on how the bank should be governed once several eastern European nations join the euro zone later this decade, a newspaper said on Wednesday.
Russia finishes real-time payment system
RUSSIA - According to Tatyana Paramonova, first deputy chairwoman of the Central Bank of Russia, the real-time payment system is 80% complete in Russia.
Speech by K Persson of Sveriges Riksbank, 20 Feb
SPEECH - In the speech titled 'Globalisation and Sweden' Persson said inflation expectations in Sweden are stable and other economic indicators, too, were in good shape.
ECB PRESS RELEASE
PRESS RELEASE - Manual on "Accession countries: balance of payments/ international investment position statistical methods", 20 February.
Bank of England Monetary Policy Committee Minutes
MINUTES - Minutes of the Bank of England Monetary Policy Committee meeting 6 and 7 February 2002. Released 20 February.
Speech by William Poole, St Louis Fed Bank, 12 Feb
SPEECH - Eulogy, Darryl R. Francis, 1912-2002 William Poole, President, Federal Reserve Bank of St. Louis, Ft. Smith, Arkansas, 12 February 2002.
Debt relief urged for poorest seven countries
UK - Aid donor countries are to meet in London later this week to consider possible new financial support - including foreign debt relief - for the seven poorest countries of the former Soviet Union.
Sanctions threat to 'opaque' tax haven
UK - The government is considering imposing sanctions on Jersey, one of the Channel Islands, if it fails to comply with international action to force tax havens to improve financial transparency.
ECB Working Paper Series
RESEARCH - Performance of monetary policy with internal central bank forecasting, by Seppo Honkapohja and Kaushik Mitra, February 2002, ECB Working Paper No. 127.
Armenia's central bank sends open letter to papers
ARMENIA - Chairman of Armenia's Central Bank Tigran Sargsyan sent an open letter to the editors-in-chief of the Aravot and Haykakan Zhamanak Armenian dailies.
UK and Italy in new alliance
UK - UK Prime Minister Tony Blair and his Italian counterpart Silvio Berlusconi have agreed in principle on a common position for lifting regulations on European labour and energy markets during a summit in Rome.
Asian economies on the mend
ASIA - While many of Asia's economies are stagnating or deep in recession, anecdotal evidence emerges from Singapore, Taiwan, South Korea and Australia that a recovery could be under way.
Bank of Latvia awarded as most creative State Bank
LATVIA - The Bank of Latvia received Vreneli prize at the World Money Fair in Basel, Switzerland, as the most creative state bank, a spokesman said.
BoE's George plays down talk of jump in UK rates
UK - Bank of England Governor Sir Edward George warned financial markets on Tuesday they should not get too carried away with the idea that British interest rates are set to rise sharply this year.
IMF urged to help Argentina
ARGENTINA - The South American trade bloc, Mercosur, has appealed to international lenders to do more to help Argentina as it draws up a plan to rescue the economy.
Venezuela 'declares war' on speculators
VENEZUELA - Venezuela's president Hugo Chavez has declared a "war on speculators" as prices rose after last week's currency devaluation.
Reform fears hit Tokyo markets
Japan - Two Japanese economy ministers have dashed hopes of an injection of public money into Japan's ailing banking system.
U.S. German wages risks to German upturn - Welteke
GERMANY - European Central Bank council member Ernst Welteke said on Monday an upcoming wage round and uncertainty about the U.S. economy were risks to an upturn of the Germany economy.
Austrian c.banker seen as candidate for ECB
AUSTRIA - The Austrian National Bank's 49-year old deputy governor, Gertrude Tumpel-Gugerell, could be a candidate to replace Finnish ECB board member Sirkka Hamalainen, who is in charge of the ECB's money market operations, an Austrian weekly magazine…
Quaden - I'm not candidate for ECB vice presidency
BELGIUM - Belgian Central Bank Head Guy Quaden Tuesday ended weeks of speculation, saying he isn't a candidate to replace Christian Noyer as vice president of the European Central Bank.
Third Joint Central Bank Research Conference
CONFERENCE - CGFS Research Conference Programme and submitted papers: Risk Measurement and Systemic Risk.
Speech by Eddie George, Bank of England, 19 Feb
SPEECH - In an address to the Euromoney Bond Investors' Congress George said financial markets were exaggerating the degree of monetary tightening that may or may not be on the cards.
Crucial factors for online banking
MALAYSIA - In order to provide Internet or online banking, banks operating in Malaysia are required by Bank Negara (BNM) to employ the services of a well mandated or a trusted security system.
Venezuela c bank to start dollar auctions Monday
VENEZUELA - The Venezuelan Central Bank will start Monday with a daily auction of U.S. dollars to the currency market to guarantee supplies of dollars while the bolivar adapts to a new free-floating exchange system.