European Central Bank (ECB)
ECB board member speaks on financial crisis role
José Manuel González-Páramo gives a keynote speech at RiskEurope on the role of central banks in a financial crisis.
OECD calls on ECB to cut rates
The Organisation for Economic Cooperation and Development (OECD) has urged the European Central Bank (ECB) to cut rates further.
Gonzalez-Paramo on the future of central banking
In this speech, Jose Manuel Gonzalez-Paramo, a member of the executive board of the European Central Bank, argues that the crisis "will bring about a new environment for policy-making in a number of areas related to central banking."
EU central bankers to pick stability board head
The head of the European Central Bank (ECB) will no longer automatically become the head of the proposed European Systemic Risk Board following objections from the United Kingdom, and several central and eastern European countries.
ECB - Financial Stability Review June 2009
Most large and complex banking groups operating in the euro area appear to have enough capital to withstand severe but plausible stress scenarios, notes the latest Financial Stability Review from the European Central Bank.
Krugman hints at inflation remedy to fix crisis
Reducing the real value of debt burdens by stoking inflation is possibly the best bet to spur a global economic recovery, Paul Krugman, the Nobel laureate, said on Tuesday.
Riksbank raids euro swap line to shore up stabilit
The Riksbank on Wednesday said it would tap €3 billion ($4.2 billion) from a swap line set up with the European Central Bank (ECB) to ensure it was "well-prepared to continue safeguarding stability."
ECB board member: reserve-currency change slow
Changes to the currency composition of reserves will occur in a gradual way, said Gertrude Tumpel-Gugerell, a member of the European Central Bank's executive board.
ECB's Trichet: prepare for rebalancing world
The world has to prepare for a very profound structural rebalancing of world output during the next years, said Jean-Claude Trichet, the president of the European Central Bank.
Germany's Merkel attacks central banks
Angela Merkel, the chancellor of Germany, on Tuesday criticised the unconventional measures taken by central banks around the globe and called on them to revert to sane and independent monetary policy.
Labour models with best fit
Labour models with wage stickiness and right-to-manage bargaining or with firm-specific labour deliver the best fit, a new paper from the European Central Bank posits.
ECB staff set for "warning" strike
European Central Bank (ECB) staff are to take industrial action for the first time ever over pensions reform.
A feast of books on the crisis
Robert Pringle and Hugh Sandeman review the first wave of books on the current global financial crisis
Statistics hole plugged with securities guide
In response to calls from officials from around the globe, a comprehensive data set for international securities markets has been compiled by statisticians at the Bank for International Settlements (BIS), the European Central Bank (ECB) and the…
ECB steps up recession fight
The European Central Bank (ECB) on Thursday announced a raft of measures, including outright purchases of corporate debt, to embolden its response to the eurozone recession.
ECB's Papademos: injections staved off collapse
The expansion of liquidity to the eurozone's banks since August 2007 has ensured that a systemic crisis was averted, said Lucas Papademos, the vice president of the European Central Bank.
France bails on Sepa Direct Debit
The French National Single Euro Payments Area (Sepa) Committee, set up and chaired by the Banque de France and the French Banking Federation, has opted to delay the implementation of Sepa direct debit by a year to November 2010.
ECB's Bini Smaghi: credit easing won't work for us
Unconventional policy measures that would best suit the euro area are likely to differ in terms of scope and depth from those in the United States or other advanced economies, said Lorenzo Bini Smaghi, a member of the European Central Bank's (ECB)…
Trichet says shush on possible new tools
Jean-Claude Trichet, the president of the European Central Bank (ECB), has said that the Governing Council's omerta on interest rates a week before meetings must be extended to include possible additional tools that may be announced next Thursday.
Trichet emphasises lack of confidence
Jean-Claude Trichet, the president of the European Central Bank, has claimed the role of policymakers in this stage of the crisis is to restore confidence.