France
Bank of France aims to maintain note printing
FRANCE - The Bank of France has "the firm intention of remaining an important player on the European money printing market", according to Michel Perdrix, managing director of the note printing unit at the French central bank.
IMF cuts forecast for growth in France
FRANCE - The International Monetary Fund, blaming the effects of the September 11 terrorist attacks in the US, has cut its forecast for French economic growth next year to around 1.6 per cent from an earlier prediction of 2.1 per cent.
Error rate high with euro notes trial in France
FRANCE - Two months before euro notes and coins come into circulation, the financial community is concerned that cashiers in shops and banks will not be ready to use euros and detect fake notes from 1 January.
Trichet: Have confidence in inflation deceleration
FRANCE - Bank of France Governor and European Central Bank Executive Board member Jean-Claude Trichet said Friday that he's confident inflation in the euro zone will continue to decelerate.
Bank of France printing employees continue strike
FRANCE - Employees at the Bank of France's printing plant at Chamalieres in the Puy-de-Dome department yesterday continued their strike observed since 12 September.
Fed rate cuts have hurt dollar versus euro - OECD
FRANCE - Aggressive interest rate reductions this year by the U.S. Federal Reserve were a factor in the dollar's decline against the euro during the summer, the Organization for Economic Cooperation and Development said Monday.
€ EURO - Franc to go out with a bang
FRANCE - A trick question for euro-specialists: when is a franc worth Euros 34, not Euros 0.15?
Bank of France printing employees strike to 5 Oct
FRANCE - On October 3 printing employees at the Bank of France at Chamalieres (Puy-de-Dome), on strike for three weeks, unanimously decided to continue action until 5 October.
Bank of Finland plan to nominate new board members
FRANCE - Bank of Finland plans to nominate two new members for its board of directors.
Bank of France printing staff continue strike
FRANCE - Employees belonging to the CGT union at the Bank of France's printing division have extended until today, 3 October, a strike that has been observed since 12 September.
Bank of France New York office escapes the horror
UNITED STATES - CentralBankNet has today, Wednesday 12 Sep, discovered that the Banque de France, France's central bank, representative office in New York avoided the devastation at the World Trade Center.
Kohler says IMF may look again at 'Tobin tax'
GERMANY - Horst Kohler, the International Monetary Fund's managing director, on Monday acknowledged recent calls by political leaders in Germany and France for more detailed discussions on how better to control international capital markets.
Trichet unveils Bank of France euro info campaign
FRANCE - Bank of France Governor Jean-Claude Trichet Wednesday 5 Sep unveiled the French leg of a euro-zone-wide campaign to publicise the switchover to euro notes and coins at the beginning of 2002.
The stability-oriented monetary policy of the ECB
SPEECH - Luncheon speech by Christian Noyer, Vice-President of the European Central Bank, at the conference organised by HSBC CCF Securities, Paris, 6 September.
Noyer: New Rate Level In Line With Price Stability
FRANCE - European Central Bank Vice President Christian Noyer Thursday 6 Sep hailed the euro's strengthening trend over the past several weeks, while at the same time downplaying its fall back below $0.90 this week.
High-value euro notes spark concern
FRANCE - Carrefour, the large French-based retail group, yesterday urged only small-scale distribution of high-denomination euro notes in the first months after the January 1 changeover to euro notes and coins, claiming the move would minimise confusion…
Bank of France - Annual Report 2000
ANNUAL REPORT - The Bank of France has published its Annual Report for the year ended 2000.
Bank of France to cut jobs at banknote facilities
FRANCE - The Bank of France yesterday informed unions of 494 job cuts by 2005 in its banknote production units. The plan, aimed at bringing down the cost of banknote production to improve competitiveness, mainly affects facilities at Chamalieres and Vic…
German and French central bankers back strong euro
EUROPE - French and German central bankers have reacted to sharp rises in inflation within the euro-zone by reaffirming their support for a stronger euro and expressing confidence about the longer-term inflation outlook.
Trichet says there are no divisions on ECB council
FRANCE - Bank of France governor Jean-Claude Trichet said on 12 June that the governing council of the European Central Bank spoke with one voice and had no real difference of opinion with eurozone finance ministers.
Duisenberg doing very good job - ECB's Mersch
LUXEMBOURG - European Central Bank council member Yves Mersch said that ECB President Wim Duisenberg's performance at the bank's helm had been 'very good' and that talk of his retirement was premature.
Supereconomies face clashes
EUROPE - Central bank politics is assuming an intriguing role in attempted reversal of the slowdown of the US economy and spreading effects on other parts of the world.
Inflation fears lower rate cut hopes
EUROPE - Prospects for an early reduction in interest rates by the European Central Bank receded further yesterday as higher than expected German inflation figures were announced.
Bank of France sees Q1 consumer spending rebound
FRANCE - French consumer spending, seen as the nation's best buffer against the impact of international economic slowdown, is believed to have rebounded in the first quarter of 2001, the Bank of France said on Apr 23.