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Germany is the ECB's biggest fan

Out of the five major Eurozone economies, it is Germany, the largest, that is most confident that the European Central Bank (ECB) fulfils its primary roles of managing inflation and encouraging growth.

Strauss-Kahn and Tosovsky vie for top IMF job

Dominique Strauss-Kahn, the former French finance minister, and Josef Tosovsky, the head of the Financial Stability Institute, are the only two candidates for the top job at the International Monetary Fund (IMF).

Russia wants Czech governor Tosovsky to head IMF

Russia has nominated Josef Tosovsky, the former head of the Czech National Bank and the current chair of the Bank for International Settlements' Financial Stability Institute, to take over from Rodrigo Rato at the International Monetary Fund (IMF).

Useful statement from Jean-Claude Trichet

CentralbankNews.com is pleased to see the ECB making constructive use of its website in the current crisis. On Tuesday August 14 its home page featured prominently a statement by Jean-Claude Trichet, the president, about the current financial market…

Choose Fund head on merit - Colombia's Uribe

Jose Dario Uribe, the governor of the central bank of Colombia, says it is still too early to select a candidate to head the International Monetary Fund (IMF) to succeed Rodrigo de Rato, who will leave the Fund in October.

Sarkozy tones down ECB rhetoric

French president, Nicolas Sarkozy, appears to have relented to pressure from other European leaders over his repeated criticism of the European Central Bank (ECB). The newly-elected leader said on 16 July that he supported the central bank's independence.

Noyer on French banks' vulnerabilities

Christian Noyer, governor of the Banque de France, said there is an "ever more urgent need for new methods of risk assessment and for appropriate supervision that can react swiftly to these changes," at a speech given on 29 June during the presentation…

Eurozone business confidence dips

Analysts are suggesting that business confidence in the euro area may have peaked. The May figure for the widely-watched Ifo index was unchanged from a month earlier for Germany, but somewhat lower for France and Italy.

Germany defends ECB focus on money growth

Germany's Bundesbank has come out in stout defence of the European Central Bank, arguing that money supply figures - used by the ECB in making interest rate decisions - are helpful in identifying property market distortions.

France's Noyer on monetary union in Europe

In the speech 'From Maastricht to the present and beyond' given on 16 April Christian Noyer of the Bank of France said monetary union in Europe is well grounded, both on its technical and political pillars.

ECB's Tumpel-Gugerell on modernising payments

In the speech 'Modernising payments: 'no pain - no gain'' given on 4 May Gertrude Tumpel-Gugerell of the ECB said Europe has already made significant progress on modernising the payment industry, with the SEPA project constituting a key driver for change.

Trichet backing ECB against meddling

Jean-Claude Trichet of the European Central Bank rejected French presidential candidates' criticism of the eurozone central bank, insisting in an article published Sunday 29 April that the majority of French citizens support the bank's actions.

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