European Central Bank (ECB)
EU banking sector stability report
The European Central Bank published a report on EU banking sector stability, prepared by the Banking Supervision Committee of the European System of Central Banks on 17 October.
ECB to act decisively if needed says Trichet
European Central Bank president Jean-Claude Trichet said in a letter to a member of the European Parliament that the ECB would 'act decisively' if the rise in oil prices pushed domestic prices higher.
ECB not yet ready to give Fazio 'dialogue' details
European Central Bank vice-president Lucas Papademos said the ECB is not yet prepared to discuss details of its "dialogue" with Bank of Italy governor Antonio Fazio.
Issing: ECB will act if inflation 'out of control'
European Central Bank chief economist Otmar Issing said in an interview that the ECB will not hesitate to raise interest rates if medium-term inflation pressures increase.
Gonzalez-Paramo on the Stability and Growth Pact
In the speech 'The reform of the Stability and Growth Pact: an assessment' given on 13 October Jose Manuel Gonzalez-Paramo of the ECB said in EMU, fiscal rules are needed to ensure stability, growth and cohesion in the euro area.
ECB rates still appropriate according to Trichet
ECB President Jean-Claude Trichet said on Sunday 16 October that European Central Bank interest rates were "still appropriate" and that second-round inflationary pressures from oil prices had not developed so far.
ECB Monthly Bulletin, October 2005
The European Central Bank published its October 2005 Monthly Bulletin on Thursday 13 October. In the report the ECB reiterated that it is exercising strong vigilance on inflation risks coming from higher oil prices.
Joint Eurosystem - Bank of Russia seminar
The Eurosystem - the European Central Bank and the national central banks of the euro area - and the Bank of Russia are holding their second joint seminar, which takes place from 12 to 14 October in Saint Petersburg.
Russian central banking project near completion
A two-year training project in the area of banking supervision in Russia, financed by the European Union, is coming to an end, the European Central Bank announced on Thursday 13 October.
ECB's Garganas sees no need for rate rise
The European Central Bank sees no need to raise eurozone interest rates if area-wide inflation slows to less than 2.0 percent next year, governing council member and Greek central bank chief Nicholas Garganas said in a newspaper interview.
Bank of Italy says still talking to ECB
The Bank of Italy said Tuesday 11 October it was still talking with the European Central Bank about its role in a controversial takeover battle and denied a press report claiming the ECB had concluded that Antonio Fazio broke banking rules.
ECB report on EU banking structures
The European Central Bank on Friday 7 October published a report on EU banking structures, prepared by the Banking Supervision Committee of the European System of Central Banks (ESCB).
ECB's Trichet on the euro area economy
In the speech 'The euro area economy: determinants of growth, competitiveness and the need for structural reforms' given on 10 October Jean-Claude Trichet of the ECB said euro zone growth may fall below 2 pct in the period up to 2010 and below 1.5 pct by…
Comment: Trichet on European reforms
In order to enhance or even maintain its economic prospects, Europe needs substantial economic reforms. While continental electorates appear reluctant to accept this argument, it has become the battle cry of the European centre-right and international…
Trichet says vigilance needed on inflation risks
ECB president Jean-Claude Trichet said on Friday 7 October that the threat of inflation in the eurozone should be watched carefully due mainly to high property prices.
Almunia sees better eurozone growth by year end
European Union Commissioner for Economic and Monetary Affairs Joaquin Almunia spoke on Thursday 6 October of his confidence that the eurozone will return better growth figures by the end of the year, than had been recorded recently.
ECB backs Bank of Italy reform plan
The European Central Bank endorsed Italy's draft legislation to limit the term of the governor of the Bank of Italy from life to a single seven-year term on Thursday.
ECB's Weber says globalisation lowers inflation
European Central Bank Governing Council member and Bundesbank President Axel Weber said on Tuesday 4 October that globalization tends to lead to lower inflation.
Financing conditions in the euro area
According to this Occasional Paper from the ECB, for central banks, the monitoring of financing conditions plays a pivotal role in assessing the actual transmission of monetary policy impulses to borrowers.
Buba's Meister regrets US delay on Basel II
A European Central Bank official responsible for bank oversight, Bundesbank board member Edgar Meister, said on Wednesday 5 October that the delay in implementing parts of Basel II in the US was regrettable.
Wellink warns against protectionism over China
Dutch central bank President and ECB Governing Council member Nout Wellink said Monday 3 September that European countries shouldn't resort to protectionism as a response to increased competition from China.
ECB's Trichet on European financial integration
In the speech 'European financial integration' given on 3 October Jean-Claude Trichet of the ECB said a lack of integration in EU mortgage markets carries costs for both housebuyers and banks.
ECB's Tumpel-Gugerell on euro payments area
European Central Bank executive board member Gertrude Tumpel-Gugerell said foreign banks will take the leading role in restructuring the European banking sector if domestic banks move too slowly to create a single eurozone payments area.
ECB's power over market inflation outlook queried
According to this article published on Friday 30 September, the European Central Bank may have less control over financial markets' inflation expectations than it thinks, despite its increased rhetoric about the importance of keeping them under control.