European Central Bank (ECB)
ECB reluctant to promote euro's global role
GREECE - European Central Bank executive board member Tommaso Padoa-Schioppa said on 25 June that the ECB is unlikely to actively promote the international role of the single currency.
Basel II - Comment and Analysis
A selection of the comment and analysis on the committee's proposals.
Eichel supports ECB's Duisenberg
GERMANY - German Finance Minister Hans Eichel has lent his support to the European Central Bank's oft-criticized president, Wim Duisenberg, German business newspaper reported on 21 June.
Soros avoids the euro
EUROPE - In an interview with the German Sunday newspaper, Welt Am Sontag, George Soros says that betting on the euro is a mug's game.
Monetary policy and financial markets
SPEECH - Professor Otmar Issing, Member of the Executive Board of the European Central Bank, has given a speech 'Monetary policy and financial markets' at the ECB Watchers Conference, Frankfurt, June 2001.
Financial markets in the European Monetary Union
SPEECH - Eugenio Domingo Solans, Member of the Governing Council and the Executive Board of the European Central Bank delivered a speech at the 28th Annual Financial Markets Seminar, Valencia, on 8 June.
Trichet says there are no divisions on ECB council
FRANCE - Bank of France governor Jean-Claude Trichet said on 12 June that the governing council of the European Central Bank spoke with one voice and had no real difference of opinion with eurozone finance ministers.
Reynders asks ECB to test early euro notes release
BRUSSELS - Belgian Finance Minister Didier Reynders has said he has asked the European Central Bank to consider "testing" automatic cash dispensers shortly before 1 January next year to ensure they could release euro notes.
Blair win good for monetary union - ECB's Domingo
SPAIN - European Central Bank board member Eugenio Domingo Solans said on 8 June that the victory of Prime Minister Tony Blair in Britain's general election was positive for European monetary union.
ECB keeps interest rates on hold
EUROPE - The European Central Bank has maintained the key interest rate for the 12 countries within the eurozone at 4.5%.
Duisenberg speech on central bank responsibilities
SPEECH - Wim Duisenberg, President of the European Central Bank, gave a speech at the Central Bankers' Panel at the International Monetary Conference, Singapore on 4 June. The speech was titled What exactly is the responsibility of central banks of large…
Stable Europe important to growth - Duisenberg
SINGAPORE - European Central Bank (ECB) President Wim Duisenberg told delegates at the International Monetary Conference in Singapore on 4 June that economic stability in the euro zone was the best contribution Europe could make to world growth.
Valery Giscard d'Estaing on the euro
EUROPE - One of the co-founders (with Helmut Schmidt of Germany) of the European Monetary System in 1978, former French President Valery Giscard d'Estaing was in London yesterday to deliver the 21st Mais lecture at the City University.
Support for the European Central Bank
SPEECH - Edward George, the Governor of the Bank of England, has defended the ECB in a speech to Japanese businessmen at the JiJi Press London Top Seminar, The Savoy Hotel, London on 30 May 2001.
ECB chief predicts success for euro notes launch
EUROPE - Wim Duisenberg, president of the European Central Bank, has insisted that the changeover to euro notes and coins on January 1 2002 would be a success, rejecting pleas for small denomination euro notes to be distributed to the public in advance.
Euro is a safeguard for UK
ARTICLE - Soon to depart Bank of England MPC member DeAnne Julius sees the euro as a safeguard for UK industry. Speaking recently she considers her own future, Britain's European prospects and the set-up at the ECB.
System approach for measuring the Euro area NAIRU
RESEARCH - This working paper from the ECB is co-written by Silvia Fabiani and Ricardo Mestre. The paper attempts to extend the analysis of a euro area-wide measure of the NAIRU, using time-series techniques rather than more structural approaches.
"Wise man" calls for half-point ECB rate cut
GERMANY - One of Germany's senior economic advisers has said that the European Central Bank should cut interest rates by half a percentage point to help boost the economy.
Rebuke for UK chancellors ECB reform calls
UK - Gordon Brown has come under criticism from Ernst Welteke, who was speaking yesterday (29 May), for urging the ECB to improve its openness after just three years of operation.
Monetary policy formulation in the euro area
SPEECH - Christian Noyer, Vice-President of the European Central Bank, spoke at the "Monetary Policy and the Markets" conference of the National Association for Business Economics, Washington, DC on 23 May.
ECB interest rate decision - no change
EUROPE - The European Central Bank held interest rates steady on 23 May, as expected, despite pessimism about the euro zone's economic performance and prospects.
Low inflation may erode bank's credibility
SPEECH - The Bank of England's credibility could be at risk if it continues to undershoot its 2.5 per cent inflation target for more than another two years, according to a member of the bank's Monetary Policy Committee.
Possible successors to Duisenberg listed
FRANCE - French Finance Minister Laurent Fabius, BNP Paribas Chairman Michel Pebereau, European Union Trade Commissioner Pascal Lamy and European Central Bank board member Tommaso Padoa-Schioppa are possible successors to ECB President Wim Duisenberg…
Fabius backs ECB independence on monetary policy
FRANCE - The European Central Bank must and does set monetary policy independently, French Finance Minister Laurent Fabius said on 20 May, adding that he believed the bank was not indifferent to the downturn in global economic growth.