Luxembourg

Juncker issues icy reply to Trichet

Jean-Claude Trichet, the European Central Bank president, has been sharply criticised by Jean-Claude Juncker, Luxembourg's prime minister, in an interview with Financial Times Deutschland, for refusing to discuss strengthening economic co-operation…

New global note arrangement for debt securities

The ECB confirmed Monday 12 June that the so-called New Global Note (NGN) arrangement for international debt securities is in compliance with the Eurosystem's Standards for the use of EU securities settlement systems in ESCB credit operations.

Mersch says ECB ready to raise rates again

With inflationary pressures evident in the eurozone, the European Central Bank stands ready to raise interest rates again whenever necessary, Governing Council member Yves Mersch said at the presentation of the Luxembourg central bank's annual report.

Mersch says ECB ready to act when necessary

The European Central Bank has not determined what or when its next move will be, but would act if it felt the need to raise rates again, ECB Governing Council member Yves Mersch told a German newspaper.

Luxembourg's Juncker says ECB wrong on pact

Luxembourg finance minister Jean-Claude Juncker, speaking as the euro group's president for the next two years, said the European Central Bank is wrong to say that reforming the EU's fiscal rules would harm the euro.

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