European Central Bank (ECB)
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.
ECB monthly bulletin May 2001
EUROPE - The European Central Bank has published its monthly bulletin for May 2001. It considers economic developments in the euro area, framework and tools of monetary analysis, and the new capital adequacy regime - the ECB perspective.
Common currency change could cause continent chaos
EUROPE - The manner of the euro's introduction on 1 January 2002 will shape perceptions of it across europe. Many fear that the replacement of national currencies with euro notes and coins is going to be costly and chaotic.
Duisenberg doing very good job - ECB's Mersch
LUXEMBOURG - European Central Bank council member Yves Mersch said that ECB President Wim Duisenberg's performance at the bank's helm had been 'very good' and that talk of his retirement was premature.
Putting euro banknotes and coins into circulation
Speech - Eugenio Domingo Solans, Member of the Governing Council and the Executive Board of the European Central Bank delivered a speech at the Euro 2002 Information Campaign conference hosted by the Banco de Portugal on 15 May.
ECB cuts interest rates by 0.5%
Summary - The European Central Bank (ECB) has made a surprise cut in its key interest rate reducing it by a quarter point to 4.5%.
Inflation still main concern of ECB
GERMANY - European Central Bank council member Vitor Constancio said on 10 May that inflation still remained the bank's main concern.
European Central Bank - Annual Report 2000
REPORT - The European Central Bank released its 2000 Annual Report on May 2. A press release can be read here and there is a link to the full report.
Supereconomies face clashes
EUROPE - Central bank politics is assuming an intriguing role in attempted reversal of the slowdown of the US economy and spreading effects on other parts of the world.
Main comments from ECB's Issing speech
SPEECH - Edited highlights of a speech by Otmar Issing, chief economist of the European Central Bank, at a business seminar in London on May 3.
Rate to be cut before inflation hits target
REPORT - A poll showed that the biggest group of economists still believes the ECB will cut its benchmark rate from 4.75 percent next month even though inflation is heading up, not down.
Making EMU Work: Some Lessons from the 1990s
ARTICLE - Jorg Bibow lectures at the University of Hamburg on central banking and European integration. This working paper investigates the lessons learned from Europe's convergence process of the 1990s.