Netherlands

The Netherlands Bank - Annual Report 2003

The Netherlands Bank has published its Annual Report for the year ended 2003. The world economy is growing at a rate not seen for years. The dynamism manifest in the United States and the Asian region is particularly vigorous, it says. Under the…

New joint website De Nederlandsche Bank & PVK

A new joint website of De Nederlandsche Bank (DNB) and the Pensions and Insurance Supervisory Authority for the Netherlands (PVK) has been created. Both organisations expect to be merged under the name of De Nederlandsche Bank.

No big short-term dollar shift says ECB's Wellink

The dollar is unlikely to show any big swings on the foreign exchange market soon as rapid growth allows the U.S. to finance its current account gap, European Central Bank Governing Council member Nout Wellink said in an interview on Thursday 27 May.

Netherlands plans to offload $866m of gold

The Dutch central bank plans to sell 65 tons of gold valued at $866 million when the 15-country gold sales agreement expires in September, spokesperson Tobias Oudejans said on Tuesday. 17 February

Drink-driving Duisenberg faces fine

Wim Duisenberg, the former president of the European Central Bank, tested two times over the legal limit when stopped by Amsterdam police for a breathalyser test. He is now due to appear in court.

Dutch start negotiations on staff reduction

Central bankers throughout the euro area have their eyes anxiously fixed on the Netherlands. For it is there that the first really big job cuts in an national central bank (NCB) since the introduction of the euro are due to take place. The Netherlands…

DNB chief Wellink sorry over euro inflation

The president of the Dutch central bank, Nout Wellink, has apologised for not warning that prices would rise as a result of the introduction of the euro, according to expatica. "We didn't do it very well," Wellink told a meeting in The Hague.

Wellink: EU 'budget sinners' need sanctions

In an interview to be published, Dutch central bank chief Nout Wellink said sanctions could be imposed against countries whose public deficits exceed agreed limits under the Stability and Growth Pact, according to AFP. "Penalties are part of the system…

Wellink on women in the financial sector

In a speech on 'The position of women in the financial sector' Nout Wellink of the Nederlandsche Bank said promoting opportunities for women in the financial sector is very important, as we are responsible for bringing out the best in our human capital,…

Maharishi Yogi's cash legal, says Dutch bank

The Dutch central bank said on Tuesday that an organisation founded by Beatles guru Maharishi Mahesh Yogi had not violated the law by issuing and using its own currency in the Netherlands.

Speech by A Schilder, Nederlandsche Bank, 27 June

SPEECH - In the speech titled 'Social exclusion and the financial system' Schilder said that a financially stable economy and a solid banking system are key factors to allow better chances for social inclusion of the poor. If there is no such stability,…

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