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Official Record

ECB publishes "Blue Book"

The 2007 edition of the Blue Book, which describes the main payment and securities settlement systems in the EU, comes in two volumes: one on countries in the euro area, the other for non-euro area countries.

Bank of Estonia - Annual Report 2006

Estonia is highly unlikely to meet the Maastricht inflation criterion in 2007-09, notes the governor of Estonia's central bank in the annual report for 2006, but "we should maintain readiness to adopt the euro at the first opportunity," he says.

Statements on liquidity injections

The Federal Reserve Bank of New York released a brief statement regarding its intervention to inject liquidity into the markets. It said it is providing liquidity to facilitate the "orderly functioning of financial markets" and will provide reserves as…

Central Bank of Nigeria 2006 annual report

The Central Bank of Nigeria notes in its annual report for 2006 that macroeconomic stability was achieved through non-accommodating monetary policy and prudent fiscal policies by the federal government.

China's first payment system development report

The People's Bank of China issued the first report on developments in the country's payment systems on Tuesday. The report reveals the progress, relevant data and the future policy orientation of the payment systems in the country.

Happy birthday Buba!

Germany's central bank celebrates its 50th birthday today, with a commemorative €10 coin to be issued next week and a series of events is planned.

IMF on euro area policies

A report by the International Monetary Fund on euro area policies, released on 31 July, said that the outlook for the region was the best in years, but stabilising inflation below 2% may imply further gradual tightening of monetary policy.

ECB on downward wage rigidity

A study published by the European Central Bank (ECB) on 31 July, has found that the number of industries affected by downward nominal wage rigidity in OECD countries increased between the 1970s and 1990s.

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