European Central Bank (ECB)
Gonzalez-Paramo on the design of monetary policy
In the speech 'Expectations, uncertainty and the design of monetary policy' given on 28 September Jose Manuel Gonzalez-Paramo of the ECB said as regards the predictability of monetary policy, policy moves have been well anticipated by money markets.
ECB's Bini Smaghi on an ageing society
In the speech 'Democratic representation and economic policy rules in an ageing society' given on 28 September Lorenzo Bini Smaghi of the ECB said ageing population and negative demographics may jeopardize the financial and political sustainability of…
ECB's Stark on central bank independence
In the speech 'The role of central banks in economic and personal finance education' given on 29 September Jurgen Stark of the ECB made some pointed remarks indirectly warning Poland's government against interfering with the country's central bank.
ECB will move forward with financial integration
A European Central Bank executive board member signalled in comments to the Financial Times, published Friday 29 September, that the ECB will push ahead with plans to increase eurozone financial integration by providing securities settlement services,…
Weber sees inflation risks despite oil price fall
Germany's Bundesbank president Axel Weber said Thursday 28 September the eurozone still faces inflation risks despite the recent dip in oil prices.
Tumpel-Gugerell on financial system modernisation
In the speech 'Opening remarks at the conference on Financial System Modernisation and Economic Growth in Europe' given on 28 September Gertrude Tumpel-Gugerell of the ECB said EU economic growth has been disappointing in the period since the launch of…
ECB's Trichet says Europe lags US on labour
European Central Bank president Jean-Claude Trichet told a panel discussion on Saturday 23 September that labour productivity is the biggest problem facing the eurozone economy.
Launch of the ECB Statistical Data Warehouse
The European Central Bank launched its Statistical Data Warehouse on the internet on Thursday 21 September. The Statistical Data Warehouse is the ECB's new online data delivery service for statistics.
Riyadh to host payment systems conference
A two-day international conference on 'Payment Systems in Saudi Arabia and GCC countries' is to be held in Riyadh from 14 November. The forum will discuss the present mode of electronic access to funds at remote locations and future strategies.
ECB's Tumpel-Gugerell on a SEPA for cards
In the speech 'A SEPA for cards: a contribution to a cashless society?' given on 20 September Gertrude Tumpel-Gugerell of the ECB said the ECB has been surprised by the strength of growth in cash in circulation since the launch of the euro.
ECB report on interest rate differences
The European Central Bank published a report on differences in MFI interest rates across euro area countries on 20 September. In the report the ECB said interest rates charged by banks vary widely between euro zone countries.
ECB Liikanen says more rate hikes needed
The European Central Bank will have to raise interest rates again if it is to keep inflation under control, Finnish central bank chief Erkki Liikanen said in a newspaper interview published Wednesday 20 September.
ECB's Weber not worried on Iran reserves threat
A threat by the Central Bank of Iran to move its foreign exchange reserves out of dollars into other currencies, notably the euro, should not necessarily be a cause for concern, European Central Bank Governing Council member and Bundesbank President Axel…
ECB's Liikanen sees 'challenge' to cut inflation
Bringing eurozone inflation back down to the European Central Bank's target level of 2 pct or lower will be "a challenge", even over the medium term, said ECB governing council member Erkki Liikanen in an interview published Tuesday 19 September.
ECB's Gonzalez-Paramo on statistics
In the speech 'Statistics for the international financial system' given on 18 September Jose Manuel Gonzalez-Paramo of the ECB said in today's global economy, timely and reliable official statistics play a key role in policy-making as well as in…
ECB's Tumpel-Gugerell on the economic outlook
In the speech 'Economic outlook and policy challenges for the euro area' given on 18 September Gertrude Tumpel-Gugerell of the ECB said the ECB expects a 'normalisation' of eurozone growth in the third quarter after the strong performance of the first…
ECB's Stark on the European economy
In the speech 'Key issues facing the global economy outlook for the European economy: regaining prominence in the global economy?' given on 17 September Jurgen Stark of the ECB said inflation risks in the 12-member euro zone are clearly on the upside.
ECB's Gonzalez-Paramo on financial markets in EMU
In the speech 'Fiscal policies and financial markets in EMU' given on 15 September Jose Manuel Gonzalez-Paramo of the ECB said in principle, market forces can play a useful role in encouraging euro area governments to act in line with fiscal…
Gonzalez-Paramo says ECB 'strongly vigilant'
European Central Bank Executive Board member Jose Manuel Gonzalez-Paramo said on Monday 18 September that eurozone interest rates were low and the ECB was strongly vigilant over risks to inflation.
Eurozone's Juncker wants end to Trichet spat
Eurozone finance ministers and the European Central Bank should end their public spat, Luxembourg's Prime Minister Jean-Claude Juncker said in an interview published in The Financial Times.
ECB's Stark says inflation expectations may rise
European Central Bank executive board member Juergen Stark said in an interview he sees a risk that inflation expectations will rise if the market thinks the ECB is tolerating an inflation rate above 2 pct.
BNB's Quaden says further ECB rate rises likely
Belgian National Bank governor Guy Quaden, who is a member of the European Central Bank's governing council, told Le Soir another rise in eurozone interest rates cannot be ruled out.
ECB's Tumpel-Gugerell on SEPA
In the speech 'From theory to practice: let's roll out the cables' given on 7 September Gertrude Tumpel-Gugerell of the ECB said that in spite of good progress in the design phase, some issues of concern remain, in particular in the SEPA for cards.
Trichet, Juncker warn on disorderly rate moves
European Central Bank president Jean-Claude Trichet has told a news conference that disorderly moves in exchange rates are negative for economic growth.