Netherlands
Duisenberg to mediate in Dexia investors dispute
Wim Duisenberg, the European Central Bank's former president, has been appointed to mediate in a long-running dispute between Franco-Belgian bank Dexia, and Dutch investors who are suing it for allegedly mis-selling investment products.
ECB's Wellink: rising real estate prices a concern
ECB Governing Council member Nout Wellink, also Dutch central bank president, said in an interview that rising asset prices in the real estate sector in the US and in some countries in the euro zone are a cause for concern.
Dutch central bank raises 2004 growth outlook
The Dutch central bank has raised its forecast for economic growth this year to 1.2 pct, while cutting the forecast for 2005 to 1.7 pct, the bank said in its latest quarterly report.
Brouwer on financial integration in the EU
In a speech on 'Financial integration in the EU - some food for thought' given on 5 November, Henk Brouwer of the De Nederlandsche Bank said there has been substantial progress in financial integration in the EU, thanks to efforts by the Commission, the…
Wellink to continue as Chairman and BIS President
The Board of Directors of the Bank for International Settlements (BIS) announced on Monday 8 November the re-election of Nout Wellink, President of the Netherlands Bank, for a second three-year term as Chairman of the Board and President of the BIS.
Netherlands' Wellink on business cycles
In a speech on 'Business cycles and foreign direct investment' given on 23 September, Nout Wellink of the Netherlands Bank and President of the Bank for International Settlements said looking at the current business cycle he is convinced that the worst…
Netherland's Wellink on oil prices
Dutch National Bank president Nout Wellink said on Tuesday 12 October that although the rise in oil prices was not "pleasant" they would not dampen the outlook for economic growth in the eurozone.
Dutch and Belgians plan to scrap small change
The Netherlands and Belgium have indicated that they will soon scrap the one and two cent euro coins, EUobserver reports.
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…
DNB visitors play governor for a day
With summer fast approaching in Europe, visitors to the Netherlands central bank will get to play an interactive quiz game where they act as central bank governor for the day.
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
Wellink on prospects for the European economy
In a speech on 'Prospects for the European economy' given on 27 January, Nout Wellink of De Nederlandsche Bank said he was optimistic about the prospects for the European economy.
Wellink optimistic on eurozone recovery, high euro
Nout Wellink said Wednesday that although the strong euro may have a negative effect in the short term it will benefit the region in the longer term. He also expressed optimism for the recovery in the eurozone economy.
Duisenberg fined in drink driving case
Wim Duisenberg, the former president of the European Central Bank, has been fined EUR300 for drink driving after being breathalysed before Christmas.
Dutch won't back EU budget case
Dutch Finance Minister Gerrit Zalm has said that his government will not support the European Commission's legal action to enforce the EU stability pact.
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.
ECB's Wellink: Interest rates low enough
European Central Bank Governing Council Member Nout Wellink said on Thursday 23 October that interest rates are low enough to support economic recovery in the eurozone, according to Reuters.
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…
IMF warns Netherlands of risks to a recovery
The IMF has warned that substantial risks remained to economic recovery in the Netherlands, according to a report by Reuters. It forecast the economy could pick up from later this year and grow 1.4 percent in 2004.
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,…