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Euro launch boon for US tourists
US - In more normal times, American interest in the introduction of the euro currency might spark a fair amount of attention.
Argentina meets debt deadline
ARGENTINA - Argentina has paid a $700m instalment on its national debt which fell due on Friday, narrowly avoiding a default.
Germans snap up euro kits
GERMANY - Euro coins have gone on sale in Germany, accompanied by celebrations in several major cities.
Japan ready to bail out banks
JAPAN - Japan's central bank stands ready to bail out the country's ailing banks - but only in the event of a crisis.
Euro Profits Bonanza
CENTRALBANKNET SPECIAL REPORT - Europe's national central banks stand to profit to the tune of billions of euros as a result of retiring Europe's existing paper currencies and introducing a single currency.
Speech by William Poole of the St. Louis Fed Bank
SPEECH - Speech by William Poole, President, Federal Reserve Bank of St. Louis to the Financial Executives International, St. Louis Chapter, St. Louis, Missouri, 27 November.
Speech by Governor of the National Bank of Belgium
SPEECH - Speech by Guy Quaden, Governor of the National Bank of Belgium in Ottawa, 30 November. In the speech titled 'The Monetary Policy of the European Central Bank and the Economic outlook in the Euro Area' Guy Quaden said that the introduction of…
First euro coins to be rolled out today
NETHERLANDS - Preparations for the changeover to euro notes and coins take a key psychological step forward today as citizens of France, Ireland and the Netherlands become the first in the eurozone to get their hands on the new euro coins.
Regulators try to ease fears on capital proposals
SWITZERLAND - International banking regulators yesterday intensified efforts to meet industry concerns over the complexity of proposed new rules governing the amount of capital banks must hold.
Pakistan wins official debt deal
PAKISTAN - Pakistan yesterday secured an unprecedented debt restructuring deal from the Paris Club of official creditors in recognition of its economic reforms and its role in the war in Afghanistan.
Latvia's parliament accepts Repse's resignation
LATVIA - Latvia's parliament has accepted the resignation of central bank president Einars Repse.
Gov't hopes for flexibility in BOJ policy
JAPAN - The government hopes the Bank of Japan will be flexible when deciding monetary policy, minister for economic and fiscal policy Heizo Takenaka said Friday.
IMF Koehler says political unity crucial to euro
US - International Monetary Fund Managing Director Horst Koehler said Friday that "sorting out" to process of political integration in Europe will be key to reviving a persistently weak euro.
Fed officials were split over rate cut in November
US - Some Federal Reserve officials expressed discomfort last month with the rapid interest-rate cuts promoted by Fed Chairman Alan Greenspan. Others warned against moving too slowly.
ECB Press Release
PRESS RELEASE - Signing of the agreement between the European Central Bank and Europol, 13 December 2001.
ECB Press Conference
PRESS CONFERENCE - ECB press conference on the occasion of the Signing of the Agreement between the European Central Bank and Europol. Willem F. Duisenberg, President of the European Central Bank, Frankfurt, 13 December 2001.
Book Review: Political Economy of Monetary Union
BOOK REVIEW - The book, edited by Paul De Grauwe, provides a collection of key texts on the theory of monetary unions and optimal currency areas.
BIS Quarterly Review December 2001
REPORT - Bank for International Settlements Quarterly Review December 2001 - International banking and financial market developments.
Speech by Jarle Bergo, Dep Governor Norges Bank
SPEECH - Speech by Deputy Central Bank Governor Jarle Bergo of Norges Bank. The speech titled 'Monetary policy in an uncertain world' considers Norway's current inflation policy and looks at the influence monetary policy has on the economy.
Speech by Bob McTeer of the Dallas Fed Bank
SPEECH - Speech by Bob McTeer, President and CEO, Federal Reserve Bank of Dallas. The speech mentions 'The French Adam Smith' and begins with a look at the theory of the invisible hand. That one persons spending is anothers income and all benefit…
Koizumi firm on reform in spite of gloom
JAPAN - Junichiro Koizumi, Japan's prime minister, yesterday, Wednesday, said he would not waver on economic structural reform despite evidence of increasing gloom in corporate boardrooms across Japan about the recession-swamped economy.
ECB Monthly Bulletin, December 2001
REPORT - The European Central Bank has published its Monthly Report for December 2001, released 12 December. The report said euro zone growth was likely to stay weak early next year but that an upturn was expected over the course of 2002.
Three candidates progress in enlargement talks
EUROPE - European Union enlargement negotiations yesterday received a boost after three candidate countries concluded negotiations on the important "chapter" related to justice and home affairs.
Kelley resignation now official at Fed
US - Federal Reserve Board Governor Edward W. Kelley Jr. officially resigned Wednesday, saying it was time "to turn my attention to my family and other personal interests."