France
A case for stronger regulation on liquidity
Securitisation's enhancement of and reliance on liquidity, as revealed by the recent bout of turmoil, indicates the need for new rules on liquidity, the Banque de France's latest stability review finds.
Instability calls for a sharper eye on markets
Financial instability requires monetary-policy-makers to rely on different data and communication strategies, Christian Noyer, the governor of the Banque de France said.
Noyer's lonely moment
Robert Pringle, the editor of Central Banking journal, speculates on what kind of questions went through the mind of Christian Noyer, governor of the Banque de France, when he first learned of the Societe Generale disaster.
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.
France's Noyer backs SocGen despite €5bn fraud
Christian Noyer, the governor of the Banque de France, said on Thursday that he was "not at all worried" about Societe Generale, the second largest French bank, despite it falling victim to the biggest fraud in banking history.
Global stocks plummet on US recession fears
Shares in Asia and Europe plunged on Monday amid concern that a United States recession would hit global growth. The Toronto stock exchange was also down by more than 4% at midday trading.
An inflation forecasting model for the eurozone
The Banque de France is building tools to predict euro-area inflation as well as price levels in the national economy.
Top European politicians attack SWFs
Nicolas Sarkozy, France's president, on Saturday criticised the hypocrisy of sovereign wealth funds which are keen to buy foreign firms but disallow outside ownership in their own economies. His comments followed those of Charlie McCreevy, an EU…
France's Noyer: new rules for ratings agencies
Christian Noyer, the governor of the Banque de France, highlighted three areas in which the regulation of rating agencies needs to improve in the wake of the credit crunch.
France renews onslaught on ECB policy
The French government has resumed its campaign calling for the European Central Bank (ECB) to cut rates.
Decision supports ECB on counterfeit check
The European Central Bank (ECB) won backing from a French court on Wednesday for the right to use a method to detect fake notes.
Fukui notes success of Franco-Japanese relations
Japan and France have established a particularly constructive relationship in many economic spheres, says Toshihiko Fukui, the governor of the Bank of Japan.
Unanimity required in subprime response: Noyer
Central banks needed to act unanimously to provide liquidity in the wake of the subprime turmoil because of the globalisation of interbank markets, Christian Noyer, the governor of Banque de France said on Tuesday.
The drawbacks of disinflation policies
Economies enter persistent recessions and inflation heads above the long-run level in the immediate aftermath of a disinflation policy, research published by Banque de France finds.
Zhou parries appreciation calls
Zhou Xiaochuan, the governor of the People's Bank of China, said that the central bank could widen the renminbi's trading range if deemed necessary.
Strong capital base counters illiquidity: Landau
A strong capital base in the financial system is likely to limit future liquidity shocks, says Jean-Pierre Landau, a deputy governor at Banque de France.
Strengthen dollar or face "economic war": Sarkozy
Nicolas Sarkozy, France's president, has told American politicians that the dollar must appreciate in order to avoid an "economic war" between the United States and the eurozone.
Strauss-Kahn takes over at IMF
Dominique Strauss-Kahn, France's former finance minister, began his five-year term at the International Monetary Fund (IMF) on Thursday. He acknowledged that he is taking over at a time when the Fund desperately needs reform and to reach out to emerging…
Dollar at all-time low against euro after Fed cut
The greenback reached a record low against the euro following the Federal Open Market Committee's decision to cut rates by 25 basis points. At its peak, the euro was worth 1.4504 against the dollar on Thursday.
External rigidity is behind lumpy price adjustment
External rigidity, not infrequent price changes, is the reason for large adjustment costs, research published by the Banque de France finds.
EMU leads to bond-market convergence
Economic and monetary union in Europe has led to substantial convergence in euro-area sovereign bond markets, according to research published by the San Francisco Federal Reserve.
De Rato U-turns on dollar valuation
Rodrigo de Rato, the managing director of the International Monetary Fund (IMF), said on Monday that the dollar was overvalued despite recently saying that he believed the opposite to be the case.
Target2: ready to go
Five years in the making, Europe's new large-value payments system, known as Target2, is ready to go live on 19 November.
Spain's Solbes supports Trichet on Sarkozy debate
Pedro Solbes, the Spanish finance minister, indicated that he would side with Jean-Claude Trichet, the president of the European Central Bank (ECB), over his recent exchange with Nicolas Sarkozy, the French president.