European Central Bank (ECB)
ECB's Tumpel-Gugerell on payment systems issues
In the speech 'Regulatory framework and payment systems issues' given on 23 March Gertrude Tumpel-Gugerell of the ECB said within the European Union, it will be important for the proposed Payment Services Directive to be adopted and written into national…
EU's Almunia says stop attacking ECB
EU economic and monetary affairs commissioner Joaquin Almunia said Monday 26 March in an article that French politicians should stop attacking the euro and the European Central Bank.
Bini Smaghi says ECB must remove inflation risks
European Central Bank board member Lorenzo Bini Smaghi said Monday 26 March the ECB still needs to take action to eliminate remaining inflation risks in the eurozone.
Gaspari says eurozone inflation under control
Outgoing European Central Bank council member Mitja Gaspari said in an interview published Friday 23 March inflation in the 13 euro nations is ``under control'' and it's not yet time to talk about further interest-rate increases.
Quaden on the cash single shared platform
In the speech 'CashSSP - the cash single shared platform' given on 16 March Guy Quaden of the National Bank of Belgium said the Eurosystem has established itself as a sound system capable of taking well-founded monetary policy decisions.
EU report warns on further ECB rate hikes
The European Commission said in a report quoted by Bloomberg News on Thursday 22 March that further interest-rate increases by the European Central Bank may threaten economic growth in the 13 nations sharing the euro.
ECB's Trichet on monetary policy
In testimony to the European Parliament given on 21 March Jean-Claude Trichet of the ECB said eurozone interest rates are now moderate but remain slightly accommodative.
NBS intervenes to halt crown appreciation
Following the ECB's announcement that the central parity of the Slovak crown has moved from Sk38.455 per euro to Sk35.4424 per euro, the National Bank of Slovakia intervened Tuesday 20 March on the Slovak FOREX market.
ECB's Garganas says rates may not have peaked
A recent change in European Central Bank language on monetary policy does not mean that interest rates are near a peak, Nicholas Garganas said in an interview published Monday 19 March.
Structural balances and revenue windfalls
In the ECB Working Paper "Structural balances and revenue windfalls: the role of asset prices revisited" the authors revisit one of the "missing links" between budget balances and the economic cycle, namely the impact of asset prices on fiscal revenues.
ECB's Bini Smaghi on the world economy
In introductory remarks at Internationaler Club Frankfurter Wirtschaftsjournalisten given on 14 March Lorenzo Bini Smaghi of the ECB said Asia not only makes a strong contribution to world economic growth but also plays a "shock-absorbing" role in the…
ECB's Gonzalez-Paramo on globalisation, mon policy
In the speech 'Globalisation and monetary policy' given on 15 March Jose Manuel Gonzalez-Paramo of the ECB said globalisation does not affect the central role and overriding responsibility of central banks to preserve price stability.
Markets not pricing risk well says ECB's Weber
Global financial markets may not be adequately pricing risk even after their recent sharp corrections, European Central Bank governing council member Axel Weber said on Thursday 15 March.
ECB Monthly Bulletin, March 2007
The European Central Bank published its March 2007 Monthly Bulletin on Thursday 15 March. In the report the ECB said it expects euro zone growth to moderate in the first quarter and then continue around its potential rate.
Bini Smaghi says more data needed on growth
European Central Bank (ECB) executive board member Lorenzo Bini Smaghi said Wednesday 14 March the eurozone economy is showing signs of self-sustaining growth but the ECB still needs additional data to confirm it.
Market tumult a warning on risk: ECB's Garganas
The recent turmoil in financial markets is a timely reminder that risks to the global economy cannot be shrugged aside, European Central Bank governing council member Nicholas Garganas said on Thursday 15 March.
Tumpel-Gugerell on European financial markets
In the speech 'The competitiveness of European financial markets. An economic framework for effective policy-making' given on 12 March Gertrude Tumpel-Gugerell of the ECB said greater integration of mortgage markets among European economies would allow…
Buba's Weber not saying ECB rates are appropriate
Bundesbank president Axel Weber said Tuesday 13 March he would not describe current euro zone interest rates as "appropriate".
ECB's Bini Smaghi says rates depend on growth data
Interest rates "must adjust" to combat inflation if economic growth continues, European Central Bank executive board member Lorenzo Bini Smaghi told Italian daily La Stampa in an interview published Sunday 11 March.
Liebscher says ECB job not finished yet
European Central Bank council member Klaus Liebscher said in an interview published Monday 12 March the bank can't consider its job done after seven interest-rate increases because inflation remains a threat.
ECB policy on 'accommodative side' says Weber
Bundesbank president Axel Weber said Friday 9 March the European Central Bank's monetary policy remains "on the accommodative side" even after Thursday's rate hike.
Bank of France attacks ECB strategy
According to this article from The Daily Telegraph, published Friday 9 March, the ECB has received an unprecedented attack on the "reliability" of its strategy by the Bank of France and a barrage of attacks by French leaders.
Trichet says ECB may not be done yet on rates
European Central Bank president Jean-Claude Trichet said Thursday 8 March he is not saying that ECB interest rates are necessarily at a peak after increasing interest rates.
Kozari on the Eurosystem Needs Assessment Program
In the speech 'Launch of the Eurosystem Needs Assessment Program' given on 16 February Kemal Kozari of the Central Bank of Bosnia and Herzegovina said this Program identifies the areas in which the Central Bank of Bosnia and Herzegovina should achieve…