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Global '02 econ outlook shaky but not for c banks
ARTICLE - One of the biggest surprises of 2001 was how the global economy's main economic agents responded to signs of recession.
Monetary Policy Transmission in the Euro Area
CONFERENCE - Monetary Policy Transmission in the Euro Area, at the ECB (by invitation only), 18-19 December 2001.
B of E - Financial Stability Review, December 2001
NEWS RELEASE - Bank of England Publishes Financial Stability Review, 13 December 2001.
IMF Working Paper - Contagion and Shifting Risk
RESEARCH - IMF Working Paper - Pure Contagion and Investors Shifting Risk Appetite: Analytical Issues and Empirical Evidence by Manmohan Kumar and Avinash Persaud, September 2001.
IMF: World economy to remain weak
US - The world's economies have suffered greatly due to the 11 September terror attacks, but a slow recovery may be under way, the International Monetary Fund (IMF) has said in issuing a fresh report on the state of the global economy.
Saudi computerised supervision of bank systems
SAUDI ARABIA - The KSA Today newspaper reported details of the Central Bank plan to operate a computerized control network of the activities of the ATM systems in the country.
Saudi computerised supervision of bank systems
SAUDI ARABIA - The KSA Today newspaper reported details of the Central Bank plan to operate a computerized control network of the activities of the ATM systems in the country.
C bank to put new LTL 20 banknote into circulation
LITHUANIA - The central Bank of Lithuania will put new twenty-litas notes into circulation on 17 December 2001.
DNB personnel not satisfied with the Bank's work
NETHERLANDS - The personnel of the Dutch central bank DNB is not satisfied with the work of the bank, research of the international association of trade unions (UNI) showed.
Senate okays Bush regulatory picks
US - While Congress may be at an impasse in moving important legislation, the Senate has had no problems in confirming President Bush's picks for top regulatory posts.
Employee relations at the ECB slated as primitive
UK - Most Bank of England staff are unhappy with their working conditions due to changes in the way the bank has been run over the last year, according to a report published today.
Ernst & Young to audit central bank
HUNGARY - The Hungarian state audit office, ASZ, has recommended Ernst & Young over two other auditing firms to audit the National Bank of Hungary for the next five years, Econews reports.
Legacy cash spending impact on econ hard to gauge
GERMANY - Trying to pin down the exact boost to the euro-zone economy from spending in undeclared legacy currency ahead of the 1 January introduction of euro notes and coins is proving to be as slippery as tracking such money in the first place.
Polish fin min seeks central bank truce
POLAND - Polish Finance Minister Marek Belka appears anxious to extend the olive branch in an escalating feud between the government and Poland's central bank over high interest rates and the surging zloty.
ECB net forex reserves
GERMANY - The Eurosystem's net foreign currency reserves decreased by EUR0.1 billion to EUR255.3 billion in the week ended 14 December.
Euro launch reaches its final phase
ARTICLE - Securitas GmbH, a German armoured-car company, has suffered only a few mishaps since it began hauling the new euro cash in September. Some workers threw out their backs lugging the 20-kilo sacks of coins. Others accidentally dropped the heavy…
Speech by the Governor of Danmarks Nationalbank
SPEECH - Speech by Governor Bodil Nyboe Andersen of Denmark's central bank at the Annual Meeting of the Danish Bankers Association on 5 December.
Speech by Michael Moskow, President, Chicago Fed
SPEECH - Speech by Michael H. Moskow, President and CEO, Federal Reserve Bank of Chicago at the Federal Reserve Bank of Chicago Economic Forum, Marriott Hotel - Ft. Wayne, Indiana, 28 November.
ECB Working Paper
RESEARCH - ECB Working Paper titled 'Some stylised facts on the euro area business cycle' by Anna-Maria Agresti and Benoit Mojon, December 2001.
Bank of England/NOP Inflation Attitudes Survey
NEWS RELEASE - This news release describes some of the main results of the Bank of England's November 2001 survey of public attitudes to inflation.
Russian state Duma does not trust foreign audit
RUSSIA - On 11 December, the State Duma's commission on auditing of the Central Bank of Russia suggested giving preference to only one company, the Russian YUNIKON firm, as auditor of the Central Bank's performance for 2001.
Australia's RBA to deregulate credit card sector
AUSTRALIA - The Reserve Bank of Australia Friday proposed to deregulate the country's credit card system, forcing down fees and allowing retailers to recoup costs from customers.
Euro should rise, ECB has no leadership dilemma
GERMANY - The euro's weakness on foreign exchange markets is attributable partly to the fact that the single European currency is young, German Finance Minister Hans Eichel told a newspaper Thursday.
Argentine economy deputy resigns
ARGENTINA - Economy minister Domingo Cavallo's deputy, Daniel Marx, has resigned from the government, just hours after a general strike brought the country to a standstill.