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Finland

Payments industry lacks competition

If we want to speed up the development in payment services, we need to increase competition in the market, said Erkki Liikanen, the governor of the Bank of Finland.

Anchoring inflation key - Finland's Liikanen

The anchoring of inflation expectations in line with price stability is of prime importance, said Erkki Liikanen, the governor of the Bank of Finland. Rising commodity prices should not be allowed to generate second round effects on euro area inflation.

Basel II's procyclical costs

By increasing capital requirements during economic downturns, Basel II will offset improvements in monetary policy trade-offs caused by countercyclical variations, research published by the Bank of Finland finds.

Cyprus and Malta join gold agreement

Cyprus and Malta, the two newest members of the eurozone, have signed up to the Central Bank Gold Agreement, which limits the amount of gold cooperating institutions can sell.

Liikanen on the growth of Finland

In the speech 'The growth of Finland - from a small, underdeveloped country to one of the world's high tech elite' given on March 26 Erkki Liikanen of the Bank of Finland said there are significant risks and policy challenges in the horizon for the…

Quaden on the cash single shared platform

In the speech 'CashSSP - the cash single shared platform' given on 16 March Guy Quaden of the National Bank of Belgium said the Eurosystem has established itself as a sound system capable of taking well-founded monetary policy decisions.

Liikanen on the cash single shared platform

In the speech 'CashSSP - the cash single shared platform' given on 16 March Erkki Liikanen of the Bank of Finland said we expect that all Eurosystem central banks can and will participate in the emerging division of labour on the basis of reasonable…

Liikanen on regional economic integration

In the speech 'Regional economic integration and monetary cooperation' given on 1 February Erkki Liikanen of the Bank of Finland said the role of monetary integration has been of decisive importance in the European context.

ECB's Liikanen sees inflation risks

European Central Bank Governing Council member, Erkki Liikanen, said there were still upside risks to inflation in the eurozone, Finnish national broadcaster YLE reported on Tuesday 2 January.

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