Finland
ECB Liikanen says more rate hikes needed
The European Central Bank will have to raise interest rates again if it is to keep inflation under control, Finnish central bank chief Erkki Liikanen said in a newspaper interview published Wednesday 20 September.
ECB's Liikanen sees 'challenge' to cut inflation
Bringing eurozone inflation back down to the European Central Bank's target level of 2 pct or lower will be "a challenge", even over the medium term, said ECB governing council member Erkki Liikanen in an interview published Tuesday 19 September.
Living standards and the wealth of nations: successes and failures in real convergence.
Edited by Leszek Balcerowicz and Stanley Fischer. MIT Press, 2006.
EU presidency's Heinaluoma calls for cooperation
Finnish Finance Minister Eero Heinaluoma, whose country holds the rotating EU presidency, said Thursday 13 July that the euro group and the European Central could improve the way they cooperate.
Slovenian euro coin production begins
EU finance ministers on Tuesday 11 July gave Slovenia a final formal go-ahead for the country's entry to the eurozone as of January 2007.
Liikanen says euro area inflation risks on upside
Inflation risks in the eurozone are on the upside, European Central Bank Governing Council member Erkki Liikanen was quoted as saying by Finnish daily Demari in an interview published on Thursday 22 June.
Liikanen: EU must improve cross-border payments
ECB governing council member Erkki Liikanen said in comments published on Thursday 18 May that the EU must strengthen its payments system.
Bank of Finland - Annual Report 2005
According to the Bank of Finland's Annual Report 2005, monetary policy for the euro area in 2005 was conducted in conditions of slower economic growth and higher inflation than expected.
Portrait of Matti Vanhala unveiled
A portrait of the late Governor of the Bank of Finland was unveiled at the Bank recently.
ECB's Liikanen says rates support growth
European Central Bank Governing Council member Erkki Liikanen said on Monday 12 December that eurozone interest rates are low and support growth.
Bank of Finland cautions on optimism
The Bank of Finland predicted Wednesday that economic growth in the country will slow down this year to 1.6 percent and increase to some 4 percent in 2006.
German finance minister calls for ECB rate cut
German Finance Minister Wolfgang Clement called on the European Central Bank to cut interest rates, saying it was "remarkably" more reserved than other central banks.
Bank of Finland - Annual Report 2004
The Bank of Finland has published its Annual Report for the year ended 2004. The world economy experienced a period of rapid growth in 2004, the report notes. International trade, in particular, grew at an exceptionally fast pace.
Bank of France live with central banking platform
Trema, a provider of treasury and asset management software for global corporations and financial institutions, announced on Thursday 14 July that the Banque de France is now live with Trema's central banking solution.
Interview with Bank of Finland's Liikanen
In an interview published on Thursday 20 January, the Governor of the Bank of Finland, Erkki Liikanen, strongly defended the Stability and Growth Pact of the European Union. He expressed concern that financial discipline and budgetary restraint in the…
Finland's Liikanen on cb finance, exchange rates
In a speech on 'External financing condition, the exchange rate and policy tradeoffs for central banks' given on 26 November Erkki Liikanen of the Bank of Finland said in emerging economies with relatively large financial markets and large capital…
Liikanen on the Fund for Finland
In a speech given on 3 October, Erkki Liikanen of the Bank of Finland said the overall picture for the economic outlook is quite comforting, even though higher oil prices have added to the downside risks. The main challenge now is to establish a firm…
Death of Vanhala, former governor of Finnish cb
Matti Vanhala, former governor of the Bank of Finland, died on Wednesday 29 September from cancer, the bank said in a statement. He was 58.
Bank of Finland - Annual Report 2003
The Bank of Finland has published its Annual Report for the year ended 2003. Over the year, financial stability in Finland improved due to the continuing strong returns shown by the country's financial institutions. Overall, the financial market…
Erkki Liikanen takes up post at Bank of Finland
Erkki Liikanen took up the post of the Bank of Finland's new Governor and Chairman of the Board on Monday 12 July. His term of office is seven years, and the same person may assume office for two terms.
Finland missing 1.45bn markka after euro switch
Close to 1.45 billion Finnish markka, equivalent to 244 million euros, have yet to be exchanged for euros two and a half years after Finland switched to the euro, a Bank of Finland official said.
Helsinki seminar on ESCB cooperation begins
Finland hosted the opening of a three-day seminar devoted to mechanisms of cooperation between the Russian Central Bank and the European System of Central Banks (ESCB) on Tuesday 24 May. Participants at the seminar will include the chairman of the…
Liikanen appointed Bank of Finland governor
Erkki Liikanen was appointed Governor of the Bank of Finland today (23 April) by the President of Finland. He will take up his duties from 12 July.
Liikanen endorsed as Bank of Finland governor
The Parliamentary Supervisory Council of the Bank of Finland has voted to endorse European Commissioner Erkki Liikanen as the Finnish Central Bank's new governor.