Finland
Bank of Finland finds faulty 500-euro notes
FINLAND- The Bank of Finland said on Friday it had found some flawed 500-euro banknotes and said more defective notes could be in circulation.
President appoints new Bank of Finland member
FINLAND - Finnish President Tarja Halonen on Friday appointed a surprise candidate to the Bank of Finland's board after an embarrassed government dropped the nominations of two veteran politicians.
Finnish minister objects to one central bank pick
FINLAND - A senior Finnish minister on Wednesday proposed an alternative candidate to fill one of the vacant board positions at the Bank of Finland, setting up a possible showdown with the central bank's supervisors.
Row threatens Finland's euro launch
FINLAND - A row between banks and retailers in Finland is threatening to disrupt the launch euro notes and coins.
Finland tops economic league
FINLAND - Little Finland has knocked the United States off its perch as the world's most competitive economy, according to an annual ranking from the World Economic Forum (WEF).
Bank of Finland plan to nominate new board members
FRANCE - Bank of Finland plans to nominate two new members for its board of directors.
Euro 2002 Information Campaign the EURO. OUR money
SPEECH - Speech delivered by Dr. Willem F. Duisenberg, President of the European Central Bank at the conference hosted by Suomen Pankki (Bank of Finland) on 17 September 2001 in Helsinkiat the Marina Congress Centre.
ECB Duisenberg: Comment on the Fed rate cut
FINLAND - European Central Bank President Wim Duisenberg said Monday 17 September that he had been informed of the U.S. Federal Reserve decision to cut interest rates by 50 basis points, but declined to comment on the ECB's own plans.
Bank of Finland Bulletin No. 2, 2001
RESEARCH - The Bank of Finland has published its second bulletin of 2001. It includes articles on the Bank of Finland's macroeconomic forecast 2001-2003 and looks at the Eurosystem's monetary policy instruments.
Best practice-monitoring financial stability risks
CENTRAL BANK RESEARCH - The Bank for International Settlements has published a new book "Marrying the macro- and microprudential dimensions of financial stability" which is contributed to by senior central bankers from all round the world and looks at…
BoF appoints Pikkarainen to head operations dept
FINLAND - Mr Pentti Pikkarainen has been appointed head of the Bank of Finland's market operations department, effective 1 May 2001.
ECB's Liebscher calls for c.bank supervisory role
SPEECH - ECB council member Klaus Liebscher called for Europe's national central banks to continue to play a key role in banking supervision, saying their close contact with commercial banks helped to prevent crises.
Bank of Finland Board Member under fire
Finnish newspaper reports parliamentarians' unhappiness with Bank of Finland board member, Sinikka Salo.
Moral Hazard Issues in Banking-BoF conference
SEMINAR - The Bank of Finland and the Centre for Economic and Policy Research are holding a conference on "Moral Hazard Issues in Banking" from Mar 15-16, 2001. A number of distinguished economists and central bankers are presenting papers. The programme…
ECB plans statement on banking supervision - paper
The European Central Bank plans to issue an official warning to governments not to curb the role of central banks in banking supervision, a German newspaper reported on Mar 14, 2001.
Euro & Talous - Bank of Finland quarterly
RESEARCH PAPER - It would be wrong to think that the positive developments in central government finances in Finland in 2000 have opened the way for a permanent increase in government spending, since the growth of tax revenue is likely to slow…
BoF Fogelholm to head Finnish Bankers' Association
The Finnish Bankers' Association said on Mar 12, 2001 that Markus Fogelholm would replace retiring chief executive Matti Sipila in Sept 2001.
BoF forecast Finnish inflation above euro-zone avg
Finnish inflation would stay above euro-zone levels and buoyant domestic demand could feed price pressures though the overall inflation outlook had improved, the central bank said on Mar 12, 2001.
Finnish cbank transfers 129m euros to govt
The Bank of Finland has transferred 42% of its 309m euros profit to the government, the first time the bank has had to pay money to the state since 1984.
IMF to assess Finnish financial sector
Finland will help the International Monetary Fund to prepare an assessment of the Finnish financial sector, which is a new IMF tool for monitoring member country economies, the central bank said on Feb 26.
'Tech Transformation, Retail Banking'-by J. Vesala
The doctoral dissertation of Jukka Vesala, titled "Technological Transformation and Retail Banking Competition: Implications and Measurement", has been published by the Bank of Finland. Mr Vesala is presently employed at the European Central Bank. The…
ECB Hamalainen-Eurozone needs structural changes
The euro zone still needs to make further strides in structural changes if it is to see a potential economic growth rate similar to that of the U.S., European Central Bank executive board member Sirkka Haemaelaeinen said on Feb 12, 2001. "Certainly, we…
Lack of confidence shouldn't slow eurozone-Vanhala
Finland's central bank governor said on Feb. 1 he hoped "reasons of confidence and psychology" would not slow euro zone growth more than real economic conditions justify. Matti Vanhala was speaking after the European Central Bank's governing council, of…
ECB Vanhala says Eurozone inflation close to peak
European Central Bank governing council member Matti Vanhala on Thursday reiterated that the euro zone was close to its inflation peak but said the risks to price stability were still "upwards".