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Belgium

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…

High oil price threaten growth: Belgium's Quaden

Belgian National Bank governor Guy Quaden said in an interview that high oil prices pose a risk to inflation and growth, and the European Central Bank must prevent high fuel costs spilling over into general price rises and causing an "inflation spiral".

Belgium may scrap euro cent coins

Belgium is to stop producing one- and two euro cent coins, following in the footsteps of eurozone partners Finland and the Netherlands, AFP reported Finance Minister Didier Reynders as saying.

National Bank of Belgium - Annual Report 2003

The National Bank of Belgium has published its Annual Report for the year ended 2003. Guy Quaden said in the Foreword to the report the relatively disappointing performance by many European countries in terms of growth and rising unemployment highlight…

Belgium's Quaden on an evolving financial system

In a speech on 'Efficiency and stability in an evolving financial system' given on 17 May, Guy Quaden of the National Bank of Belgium said it is important that the closer interaction between the academic and regulator's worlds which is one of the new…

Quaden says ECB still has ammunition

Belgian ECB governing council member Guy Quaden was quoted on Wednesday 24 March as saying that the ECB's official interest rate of two per cent is "extremely low" but the Bank has some room for manoeuvre if necessary.

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