Wim Duisenberg

Duisenberg eyes recovery, says ECB rates correct

Wim Duisenberg said in testimony on Wednesday 10 September: "Indications of an upturn in economic activity starting in the second half of the year have strengthened" and that the key ECB interest rates are considered "appropriate at present", according…

French bank chief nominated to head ECB

Bank of France Governor Jean-Claude Trichet was nominated by EU finance ministers on Tuesday 15 July to replace Wim Duisenberg as president of the European Central Bank, Associated Press reports. The nomination will now be sent to the European Parliament…

ECB press conference with questions and answers

At Thursday's ECB press conference Wim Duisneberg said that economic growth in the 12-country euro zone remained "subdued" in the second quarter of this year and there were no signs of a significant improvement in production and confidence. "The latest…

Duisenberg presents the ECB's Annual Report 2002

Presenting the ECB's Annual Report 2002 to the European Parliament Wim Duisenberg of the ECB said emphasised the need for Member States to respect the Stability and Growth Pact and said the ECB believes that the tools chosen by the ECB to communicate and…

Duisenberg silences ECB rate cut talk

Wim Duisenberg put the onus on national governments to stimulate growth on Thursday 3 July, according to Reuters, telling the European parliament that governments can no longer hide behind the ECB to cover up their failure to enact urgently required…

ECB won't follow Fed on rates - Duisenberg

Speaking on German TV, Wim Duisenberg said euro zone interest rates were currently appropriate, Reuters reports, and that the ECB would not follow the lead of the US Federal Reserve by cutting interest rates soon.

Hooray for Trichet!

So the Paris courts have once and for all cleared Banque de France governor Jean-Claude Trichet and his predecessor Jacques de Larosiere from the unfounded allegations that had been made about their role in the Credit Lyonnais affair more than 10 years…

EU to keep Duisenberg at ECB until October

Wim Duisenberg will remain in his post until October, the Greek Prime Minister Costas Simitis has said according to Bloomberg News. Trichet got the backing on Thursday 19 June of leaders of Germany, Italy, Luxembourg and Portugal, as well as Greece's…

Gretta takes medical delegation to Palestine

Gretta Duisenberg, wife of the President of the European Central Bank, has accompanied a medical delegation to Palestine consisting of five physicians from the Netherlands and Belgiu, according to a report by the Palestine Chronicle.

Duisenberg on the first lustrum of the ECB

In a speech on 'The first lustrum of the ECB' Wim Duisenberg of the European Central Bank said the Convention on the Future of Europe has not taken over our suggestion to incorporate somewhere in the text the notion of Eurosystem, which stands for the…

Duisenberg soldiers on

No central bank takes kindly to politicians tampering with their business, and the ECB is no exception. In advance of its long-awaited rate cut this week, the ECB was told by Belgian finance minister Didier Reynders to be more active: "It is about time…

Duisenberg soldiers on

No central bank takes kindly to politicians tampering with their business, and the ECB is no exception. In advance of its long-awaited rate cut this week, the ECB was told by Belgian finance minister Didier Reynders to be more active: "It is about time…

Court to seal fate of ECB heir apparent Trichet

Bank of France governor Jean-Claude Trichet will find out on Wednesday 18 June if he has been cleared or found guilty in a banking fraud trial, according to a Reuters report. The verdict will have implications for the succession as president of the ECB…

Duisenberg testimony to European Parliament

In testimony before the Committee on Economic and Monetary Affairs of the European Parliament Wim Duisenberg of the European Central Bank said that despite the rise of the euro in the last year, the exchange rate of the European currency accurately…

Duisenberg testimony at the European Parliament

SPEECH - In testimony before the Committee on Economic and Monetary Affairs of the European Parliament Wim Duisenberg of the European Central Bank said said Monday that the ECB's already accommodative monetary policy will help support an expected…

Noyer mentioned as potential ECB candidate

CentralBankNet learns that former European Central Bank vice president Christian Noyer may be in line to take over from Wim Duisenberg as president of the ECB in July if Jean-Claude Trichet is unable to take up the position.

'Strong euro won't harm EU growth'

European Central Bank President Wim Duisenberg said Thursday that the recent strong rise in the euro should not hit the competitiveness of goods made in the 12-country euro zone, nor harm the outlook for growth in the region.

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