Belgium

Swift defends role in data exchange

Swift, the Belgian company accused of transferring data on financial transactions to the US authorities, has refuted claims that it acted illegally.

Comment: Scorecard for the euro

When the single European currency was launched, its expected boost to trade was one of, if not the main, benefits promised. Two recent studies question whether this promise has been met.

ECB's Quaden awaits evacuation from Lebanon

Belgian national bank governor Guy Quaden, also a board member of the European Central Bank, is set to be evacuated from Lebanon by Belgian authorities, where he was on vacation, his spokeswoman was quoted by Dow Jones as saying Tuesday 18 July.

EU Parliament wants information on SWIFT

The European Parliament adopted a resolution on Thursday 6 July asking EU governments, the Commission and the European Central Bank to explain what they know about the SWIFT agreement.

New global note arrangement for debt securities

The ECB confirmed Monday 12 June that the so-called New Global Note (NGN) arrangement for international debt securities is in compliance with the Eurosystem's Standards for the use of EU securities settlement systems in ESCB credit operations.

ECB's Quaden says rates supportive

Eurozone interest rates of 2.25 percent are still supportive of economic growth, European Central Bank Governing Council member Guy Quaden told Belgian magazine Tendances Trends on Thursday 29 December.

Quaden on the National Bank of Belgium

In the speech 'The National Bank of Belgium - a century and a half of Belgian and European history' given on 22 November Guy Quaden of the National Bank of Belgium said it is unusual for modern central banks to be purely central banks.

Quaden notes rates favour euro zone growth

European Central Bank council member Guy Quaden told Belgian TV that the ECB's benchmark rate can still foster economic growth and that policy makers haven't decided whether to add to this month's increase in rates.

Belgium's Quaden cautious on rates

Belgian National Bank governor Guy Quaden said that the economic situation in the eurozone is different from that of the US which has seen a lengthy series of interest rate increases.

National Bank of Belgium - Annual Report 2004

The National Bank of Belgium has published its Annual Report for the year ended 2004. For the second consecutive year, the economic growth rate in Belgium (estimated at 1.3 p.c. in 2003 and 2.7 p.c. in 2004) was well above the euro area average, the…

BNB's Quaden on prospects of the European economy

In a speech on 'Prospects and challenges of the European economy' given on 27 October Guy Quaden of the National Bank of Belgium said the challenges are known and the analyses are completed. "So I believe Europe can implement the Lisbon agenda. The…

ECB board member warns on surging euro

Belgium's central bank chief and European Central Bank (ECB) board member Guy Quaden was quoted by daily De Tijd as agreeing that further increases in the value of the surging euro would not be desirable.

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