Spain
Domingo Solans on the euro as a driving force
SPEECH - Eugenio Domingo Solans of the European Central Bank said five years is a very short period of time in the normal life of a central bank. He compared the ECB to the Banco de San Carlos, the forerunner of the Bank of Spain created in 1782…
Rising Spanish inflation widens eurozone gap
SPAIN - Inflation jumped a full percentage point in October to a year-on-year rate of 4 per cent, widening the differential with other eurozone.
Bank of Spain makes pessimistic on economy
SPAIN - Jaime Caruana, governor of the Bank of Spain, yesterday announced the bank's economic predictions. The central bank is expecting growth this year of no more than 2 per cent, two tenths of a percentage point lower than the government's prediction.
Spanish yet to return 2.4bn euros worth of pesetas
SPAIN - 2.4bn euros in notes and coins is yet to be changed into euros, according to Spain's central bank.
Union threatens Bank of Spain over branch closure
SPAIN - UGT, the Spanish union, has threatened to take the Bank of Spain to court and sue over the plan to close 30 branches of the central bank.
Spanish cen bank launches early retirement scheme
SPAIN - Banco de Espana, Spain's central bank, is to offer an early retirement scheme to employees of 50 years of age or older who work at the 30 branches across Spain to be closed down.
Bank of Spain to close 30 branches
SPAIN - On 8 August unions and management of the Bank of Spain agreed to close 30 of the central bank's branches, and not 31 as previously planned.
Bank of Spain to close 31 branch offices by 2004
SPAIN - The Bank of Spain has decided to close 31 of its offices in as many provinces by December 2004.
Speech by Fed Reserve Governor Mark Olson, 8 July
SPEECH - In the speech 'Financial Markets Regulation in the United States' Olson said the risk to U.S. banks from the accounting scandals was "very isolated" but added the Fed would ask some banks for restatements due to asset risk.
Spain's central bank to close retail offices
SPAIN - Banco de Espana, Spain's central bank, intends to close down several of its 52 regional offices across Spain in order to reduce costs. At present, the authority operates one branch in every provincial capital of the country. Management intends to…
Eurozone inflation to end yr above 2% says Caruana
SPAIN - Jaime Caruana, governor of the Banco de Espana and member of the ECB board said that inflation in the euro zone this year has been worse than expected. Although he said that it would be difficult to assess where it would head in the medium term,…
Speech by Jaime Caruana, Banco de Espana, 14 June
SPEECH - The governor of the Banco de Espana addresses the governing council of the central bank on the presentation of the annual report, 14 June. He reviews the progress of the Spanish economy in the past year and the challenges it has faced, and…
Bank of Spain - Annual Report 2001
ANNUAL REPORT - Bank of Spain annual report for 2001 is now available online.
Speech by Jaime Caruana, B of Spain, 24 April
SPEECH - Speech by Jaime Caruana, governor of the Bank of Spain, at the Federal Reserve Bank of Chicago, on asset price bubbles and the implications for monetary, regulatory and international policies.
Aznar urges Argentina to bite IMF bullet
SPAIN - Spain's prime minister bluntly urged debt-strapped Argentina on Friday to take "painful decisions" and secure a deal with the International Monetary Fund as fast as possible.
Eurozone economy to grow 2.5% at year-end
SPAIN - The rate of economic recovery in the eurozone is unclear but the economy should probably be growing at about 2.5 per cent at the end of this year, European Central Bank (ECB) vice-president Christian Noyer said on Sunday.
ECB's Duisenberg-euro's reserve role slowly rising
SPAIN - The euro's use as an international currency is rising but only gradually, European Central Bank President Wim Duisenberg said on Sunday.
Papademos has strong support for ECB job - Rato
SPAIN - Many euro zone finance ministers back Bank of Greece Governor Lucas Papademos to replace European Central Bank Vice President Christian Noyer, Spanish Economy Minister Rodrigo Rato said on Friday.
Ecofin's Rato sees deal on ECB's Noyer in Oviedo
SPAIN - Spanish Economy Minister Rodrigo Rato said on Friday he expected European finance ministers to agree next week on a replacement for the vice president of the European Central Bank, Christian Noyer.
Spain's Rato sees two candidates to replace Noyer
SPAIN - Spanish Economy Minister Rodrigo Rato said on Thursday that there were only two candidates to replace European Central Bank vice-president Christian Noyer, and it seemed unlikely more would come forward.
ECB job decision seen moving into April
SPAIN - The next vice president of the European Central Bank is likely to be picked in mid-April with still only two candidates in the race at the end of the first day of a European Union summit in Barcelona.
Greek has "good chance" of landing ECB job
SPAIN - Greece's candidate for the vice presidency of the European Central Bank appears to be gaining support, although European Union finance ministers still have about a month to make a final pick.
ECB Duisenberg says europe needs structural reform
SPAIN - Wim Duisenberg, chairman of the European Central Bank, said Europe needs to speed up structural economic reforms to stimulate growth.
Domingo Solans says ECB monetary policy credible
SPAIN - The credibility of the European Central Bank's (ECB) monetary policy is demonstrated by the euro zone's low inflation, ECB executive board member Eugenio Domingo Solans said on Saturday.