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Finland

Bank of Finland Discussion Paper

RESEARCH - Central bank spending on the operation of inter-bank funds transfer systems may range from below one million to nearly a billion US dollars annually. The paper "Payment systems efficiency, policy approaches, and the role of the central bank"…

Austria's Tumpel-Gugerell tipped for ECB post

A report said the Austrian government is expected to officially submit Austrian central bank vice-governor Gertrude Tumpel-Gugerell's name in the next few days as the country's candidate to succeed Finland's Sirkka Hamalainen on the ECB's Executive Board.

ECB plans for reform may run into problems

Plans to reform the European Central Bank, including cutting the voting power of smaller European Union member states, are expected to run into trouble this week. Some Finnish MPs claim Paavo Lipponen, their prime minister, assured them that the Bank of…

'Recovery may be slower' - ECB's Vanhala

GERMANY - European Central Bank (ECB) governing council member Matti Vanhala said Monday that the euro-zone economic recovery may be slower than expected, but an ECB rate cut was unlikely to boost demand significantly.

ECB leader Sirkka Hamalainen criticises banks

FINLAND - Sirkka Hamalainen, a member of the Executive Board of the European Central Bank and the former Governor of the Bank of Finland, criticised banks and national authorities in the euro zone for hindering integration in financial markets.

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).

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…

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