Germany
Speech by Bundesbank President Ernst Welteke
SPEECH - Speech by Ernst Welteke, President of the Deutsche Bundesbank, at Danmarks Nationalbank in Copenhagen, 29 October.
Buba declines comment on job cuts report
GERMANY - The Bundesbank on Wednesday declined to comment on a newspaper report it would have to slash 6,000 jobs or around a third of its workforce under a reform aimed at streamlining its structure.
Buba Welteke: Euro-12 price pressure to ease soon
DENMARK - Early indicators signal price pressure in Germany and the euro-12 will ease further in the near term, but euro-12 financing conditions are favourable, Deutsche Bundesbank President Ernst Welteke said Monday.
ECB gold reserves to 26 October
GERMANY - The Eurosystem's net reserves of gold and gold receivables declined by EUR1 million to EUR128.2 billion in the week ended 26 October, the European Central Bank said Tuesday.
Several ECB members wanted 11 Oct rate cut: Report
GERMANY - Several members of the European Central Bank's governing council wanted to cut interest rates at its 11 October meeting in Vienna, according to a report to be published late Monday in French daily Le Monde.
NIESR report - UK to avoid slide into recession
UK - The UK will weather a sharp global slowdown and there is no reason to cut interest rates further, according to a leading think-tank.
Schroeder: ECB monetary policy can be improved
GERMANY - German Chancellor Gerhard Schroeder said Friday that the European Central Bank's monetary policy could be improved.
Germany 'on the brink of recession' - Report
GERMANY - Germany has suffered a sharp fall in growth this year and the recovery next year is likely to be very slight, a bi-annual report from the country's top six economic institutes has warned.
Rate cut row mars summit
GERMANY - The European Union has called for the European Central Bank (ECB) to take "further decisive action" in easing monetary policy in order to boost the eurozone's economy.
ECB net gold reserves decline in Oct 12 week
GERMANY - The Eurosystem's net reserves in gold and gold receivables declined by EUR1 million to EUR128.2 billion in the week ended 12 October, the European Central Bank said Tuesday.
Expectations of rate cut up in ECB monthly report
GERMANY - The European Central Bank yesterday strengthened expectations that it will cut interest rates soon by saying the eurozone faced moderate inflationary pressures but continuing risks to economic growth.
ECB's Issing: Unlikely HICP below 2% by end 2001
GERMANY - European Central Bank Chief Economist and Executive Board member Otmar Issing said Monday 15 October that third quarter euro-zone growth figures to be published by Eurostat in December aren't likely to be encouraging.
Duisenberg calls for 12 more months as ECB leader
GERMANY - Wim Duisenberg has virtually ruled out any prospect that he would step down as European Central Bank president halfway through his term by making clear he wanted to stay in his job for at least the next 12 months.
Eurozone interest rates remain unchanged
GERMANY - The European Central Bank (ECB) has left interest rates unchanged, despite growing pressure for a cut to boost the flagging eurozone economy.
Rates and price goals in harmony - Hamalainen
GERMANY - European Central Bank executive board member Sirkka Hamalainen said Friday 5 October in a speech that the ECB continues to pursue a "steady-hand" monetary policy, rather than an activist one following the 11 September terrorist attacks in the U…
Germany plans central bank account register
GERMANY - Hans Eichel, Germany's finance minister, has unveiled an unprecedented package of measures to combat terrorist funding, including the creation of a central register of all bank accounts.
ECB probes fishy tale of Dutch euro bank note
GERMANY - The European Central Bank was investigating an embarrassing breach of security on Monday after a man used a five-euro note to buy fish food from a Dutch shop three months before the single currency becomes legal tender.
Buba head sees US, Europe economies slowing more
GERMANY - Deutsche Bundesbank President Ernst Welteke believes the economies of the U.S. and Europe are likely to slow further after the 11 September terrorist attacks on New York and Washington.
Bundesbank chief backs tighter scrutiny
Germany's Bundesbank put its weight behind Berlin's efforts to combat money laundering and tighten up scrutiny of potential terrorist accounts on Tuesday, in spite of possible infringements of bank secrecy.
German business confidence falls
GERMANY - German business confidence has fallen again, reflecting uncertainty over the effects of the terror attacks in the US, a key report has said.
Welteke: No need to be too pessimistic on economy
GERMANY - Deutsche Bundesbank President Ernst Welteke said today, Wednesday 19 September, cautioned against being overly pessimistic about German economic growth prospects in the wake of last week's terrorist attacks on the U.S.
ECB confirms council meeting Thursday as planned
GERMANY - The European Central Bank confirmed on Wednesday 12 Sep that its policymaking Governing Council will meet as planned here on Thursday for its regular fortnightly policy review.
Clearing and settlement of securities: in Europe
SPEECH - Speech by Tommaso Padoa-Schioppa, Member of the Executive Board of the European Central Bank, at the Symposium of the Deutsche Bundesbank, Payment and Securities Settlement Systems in Germany against the Background of European and International…
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.