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French drop hope of replacing Duisenberg

GERMANY - France is apparently abandoning its hopes of replacing Dutch European Central Bank President Wim Duisenberg with a French president in 2002, when half of his eight-year term will be up, reports Der Spiegel.

Speech by the Bundesbank's Juergen Stark

SPEECH - Deputy Governor of the Deutsche Bundesbank, Dr. Jurgen Stark, spoke at the International Conference organised by the Konrad Adenauer Stiftung and the Brazilian Institute of Economics - Getulio Vargas Foundation "International financial…

Speech by the Bundesbank's Hermann Remsperger

SPEECH - Address at the Symposium, Hedonic Methods in Price Statistics, Wiesbaden, 21 June, by Professor Hermann Remsperger, Member of the Board of the Deutsche Bundesbank. The Evolution of Inflation Measurement: A Central Banker's View.

Impact of euro cash set to be 'low'

GERMANY - Deutsche Bank, Germany's biggest bank, has warned against overestimating the potential disruption generated by the change to euro cash at the start of next year. The bank said it was more likely to be a "big bang" with "little impact" on…

Eichel supports ECB's Duisenberg

GERMANY - German Finance Minister Hans Eichel has lent his support to the European Central Bank's oft-criticized president, Wim Duisenberg, German business newspaper reported on 21 June.

Worries as German's remember 'wheelbarrow money'

GERMANY - A survey has revealed that more than half the population of Germany remain wary about the introduction of euro notes and coins fearing it will lead to price rises as retailers use the opportunity to round up prices following conversion into the…

Valery Giscard d'Estaing on the euro

EUROPE - One of the co-founders (with Helmut Schmidt of Germany) of the European Monetary System in 1978, former French President Valery Giscard d'Estaing was in London yesterday to deliver the 21st Mais lecture at the City University.

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.

Germany cuts growth forecast

GERMANY - The German government has joined its European neighbours by slashing its growth forecasts. Economic expansion in Europe's largest economy is expected to be only 2% in 2001, 0.75% less than previously forecast.

Ageing and financial stability

ARTICLE - Population ageing might involve major shifts in financing, which may give rise to financial turbulence and systemic risk. Philip Davis, professor of economics at Brunel University, has prepared a paper on this subject for a Bundesbank…

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