Governance

Bank of Israel staff to get medals

The Bank of Israel is to spend NIS 320,000 on medals to be awarded to all members of staff in commemoration of the central bank's Jubilee year, Haaretz reported. However, a planned celebration for staff and retired workers was cancelled, the report said.

Former RBA chief criticises PM on rates

Former Reserve Bank of Australia governor Bernie Fraser said in an interview he expects interest rates to rise straight after the election, partly because of what he sees as the lax budgetary policies of the Howard government.

Juncker confirmed as Mr Euro

Luxembourg Prime Minister Jean-Claude Juncker was named on Friday 10 September as the first "Mr Euro", a political figurehead to represent the 12-nation eurozone.

Eichel raps Bundesbank over stability pact

German Finance Minister Hans Eichel rapped the Bundesbank on Friday 10 September for its recent criticism of the EU's proposed changes to the stability and growth pact in a press release titled "Do not weaken the Stability and Growth Pact".

Brazil's Meirelles given cabinet status

The president of the Central Bank of Brazil, Henrique Meirelles, has been granted cabinet status in a further development to allegations of his financial misconduct by the national press.

Interview: Christian de Boissieu

Professor de Boissieu is head of the economic advisory council attached to the French prime minister’s office. In this exclusive interview he explains how Europe’s economic rules should be rewritten. Interview by Robert Pringle.

Peru's Silva may head for IMF

Chairman of the Central Bank of Peru, Javier Silva Ruete, may leave his job and head for the IMF in Washington, Gestion newspaper reported this week, citing Economy and Finance Minister Pedro-Pablo Kuczynski.

Interview with ECB's Lucas Papademos

In an interview published by Il Sole 24 Ore this week, vice President of the European Central Bank Lucas Papademos said that since last April the ECB has preferred to cease using the word "appropriate" so as to dispel the impression that had prevailed in…

Goh becomes chairman of MAS

Lee Hsien Loong, who became Singapore's third prime minister on Thursday 12 August, will remain as finance minister, but his predecessor Goh Chok Tong is to take over as chairman of the Monetary Authority of Singapore.

SARB announces changes to its MPC

The composition of the South African Reserve Bank's Monetary Policy Committee has been changed to allow for two senior staff members of the SARB to become members. A.D. Mminele, Head of Financial Markets and Dr M. Mnyande, Head of Research and Senior…

Danmarks Nationalbank re-appointment

Following maternity leave, Pernille Blach Hansen, MP, has been re-elected to the Committee of Directors of Danmarks Nationalbank, and Pia Gjellerup, MP, who replaced Ms. Hansen on the Committee of Directors has withdrawn, Danmarks Nationalbank said in a…

PBOC appoints assistants to the governor

The People's Bank of China has appointed three assistants to the governor in what is seen as a final stroke to the planned management overhaul after Zhou Xiaochuan took the helm at the central bank at the end of 2002, the 21st Century Business Herald…

New South Korean regulator named

Roh Moo-hyun, South Korea's president, named Yoon Jeung-hyun, a director of the Asian Development Bank, as the new head of the country's top financial regulator this week.

Brazil's Meirelles denies fresh allegations

Brazil's central bank chief Henrique Meirelles on Thursday 5 August denied he evaded taxes after new allegations he failed to declare all his assets to Brazilian tax authorities. The leader of the main opposition party called on Mr Meirelles to resign…

Brazil's Candiota resigns, Meirelles to stay on

Luiz Candiota resigned as director of monetary policy at the Central Bank of Brazil on Wednesday 28 July following allegations in the press of tax evasion. Central bank president Henrique Meirelles has also denied allegations that he avoided paying taxes…

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