Central Banks
Slovak gov't to nominate Barto NBS vice-governor
Martin Barto, currently a board member of the National Bank of Slovakia (NBS), is to be nominated by the Slovak government to serve as the central bank's vice-governor, according to Finance Ministry spokesman Peter Papanek.
Unions to oppose Bank of France agreement
Four unions which represent 72 per cent of staff at the Bank of France have said they will oppose an employment agreement signed by managers and minority unions, Le Monde reported.
Brazil urges charges against former central banker
A congressional report published on Tuesday 14 December recommended that Brazil's former central bank president Gustavo Franco and others be indicted on money laundering charges.
Denmark's Andersen to step down Oct 2005
The governor of Denmark's central bank, Bodil Nyboe Andersen, has informed the government that she wishes to retire in October, 2005, when she turns 65.
Veteran appointed to Ukraine's central bank
Volodymyr Stelmakh, who headed Ukraine's Central Bank between 2000 and 2002, secured overwhelming approval from parliament on Thursday 16 December to return as the bank's new chairman.
White House may pick Bernanke for advisers' panel
The White House is considering appointing Federal Reserve Board member Ben S. Bernanke to be chairman of the president's Council of Economic Advisers, officials confirmed on Thursday 16 December according to the Washington Post.
Greenspan will not replace Snow at US Treasury
Reports this week said Alan Greenspan will not be the one to head the US Treasury after John Snow leaves. An approach to the Fed chairman was made at arm's length but has been declined by senior Republicans.
Bank of Canada appoints deputy governor
The Board of Directors of the Bank of Canada announced on Friday 17 december the appointment of Tiff Macklem as Deputy Governor of the Bank and a member of the Bank's Governing Council, effective from 29 December.
Germans long for DM return
Six years after the introduction of the euro, more than half of all Germans want a return to the days of the national Deutschemark, a report published this week said.
Dutch central bank raises 2004 growth outlook
The Dutch central bank has raised its forecast for economic growth this year to 1.2 pct, while cutting the forecast for 2005 to 1.7 pct, the bank said in its latest quarterly report.
Bank of Japan downgrades economic assessment
The Bank of Japan downgraded its assessment of the country's sluggish economy on Friday in its latest monthly report, while the central bank's governor said steel shortages were compounding the economic slowdown.
Federal Reserve to release minutes earlier
The Federal Reserve said this week that it would begin releasing minutes from its FOMC interest rate meetings about a month earlier than it has been.
ECB's Financial Stability Review, December 2004
The European Central Bank published its first ever Financial Stability Review on Wednesday 15 December. In the report the ECB expressed some concern about the risks posed by the large US current account deficit, warning that a "disorderly rebalancing"…
Australia's Battellino on Asian bond markets
In a speech on 'Recent developments in Asian bond markets' given on 15 December, Ric Battellino of the Reserve Bank of Australia said markets had come a long way since the Asian financial crisis.
BIS to administer EMEAP's investments in ABF2
The EMEAP (Executives' Meeting of East Asia and Pacific Central Banks) Group, comprising 11 central banks and monetary authorities in the East Asia and Pacific region,1 announced on Thursday 16 December the launch of ABF2, the second stage of the Asian…
HKMA Quarterly Bulletin, December 2004
The Hong Kong Monetary Authority has published the December 2004 issue of its Quarterly Bulletin. This issue contains the regular Half-Yearly Monetary and Financial Stability Report, which analyses recent external and domestic influences on Hong Kong's…