National Bank of Belgium
Belgian governor’s term extended, successor named
Luc Coene will serve another year as governor despite reaching retirement age this week; Council of Ministers says he will be succeeded by director Jan Smets in March 2015
Belgian paper presents new productivity indicators
Researchers from across Europe attempt to tackle the difficulty of comparing firm-level data across the continent by creating a new database of productivity indicators for Europe
National Bank of Belgium sells iconic Antwerp building
Belgium’s central bank has closed its Antwerp branch as part of its ongoing consolidation process, and will now sell the distinctive triangular building
National Bank of Belgium weighs reduction in one and two cent coins
Belgian central bank considers merits of allowing traders to round cash and electronic payments to the nearest five cents in a bid to render one and two cent coins ‘unnecessary’
Belgian paper posits method for robust optimal monetary policy
Working paper suggests way of supplementing optimal monetary policy with elements of a rules-based policy, punishing policy-makers for deviation but not preventing them from exercising discretion
Belgian paper warns central bank policies could worsen financial shocks
Working paper studies optimal monetary policy configurations for price and financial stability in Eastern Europe; finds central banks may worsen credit shocks by taking action against them
National Bank of Belgium urges care in use of credit conditions surveys
Analysis shows eurozone’s Bank Lending Survey and Belgium’s Survey on Credit Conditions contain useful information – but ‘crucially’ depend on model specification
Belgian supervisor warns against Basel III over-simplification
National Bank of Belgium’s Rudi Bonte calls for the Basel Committee to take a ‘moderate’ stance on the trade-off between simplicity and complexity in its risk and capital rules
Belgian paper finds Fed policy influenced by Taylor rule
Working paper presents evidence that Federal Reserve policy-makers are influenced by the Taylor rule when making monetary policy decisions
Belgian bank survey reports gloomier outlook
National Bank of Belgium survey finds improved financial market conditions are not feeding into the real economy, as respondents again revise down 2013 growth forecasts
Belgian research examines factors behind exchange rate pass-through
National Bank of Belgium working paper studies why some exporters pass on fluctuations in exchange rates through price adjustments while others do not
National Bank of Belgium paper studies effect of shocks on US trade balance
Working paper analyses link between shocks to the marginal efficiency of investment and the US trade balance; argues this constitutes a significant element in forecasting US trade fluctuations
NBB working paper pays tribute to 'architect of the euro'
National Bank of Belgium working paper highlights role of Tommaso Padoa Schioppa in the creation of the euro
Belgium central bank paper reviews effects of trade liberalisation in low-wage countries
National Bank of Belgium study shows low-wage countries experience less movement in labour and output to high-skill-intensity industries as a result of trade liberalisation policies
Belgium’s Coene believes in commitment of eurozone countries
Governor of National Bank of Belgium says even if Greece were to leave single currency, other member states would draw together to "protect the system"
Financial crisis leaves questions over future of banking: Luc Coene
Belgian governor says with huge reforms beginning to take effect, it is impossible to accurately predict the future state of the banking sector in Belgium
National Bank of Belgium – Consumer Survey (April 2011)
National Bank of Belgium April 2011 Consumer Survey shows pick-up in consumer confidence in April
Belgium unveils financial health indicator
National Bank of Belgium designs financial health indicator to monitor risk of company failures; says probability of bankruptcy higher than 25% for least financially sound
Belgium modernises central bank statute
National Bank of Belgium calls extraordinary general meeting to discuss changes to statute governing central bank; attempts to avoid repeat of historic legal battle debacle over ancient wording
Belgium’s Quaden quits
National Bank of Belgium governor Guy Quaden to leave in March; continued lack of unity in government raises concerns over central bank’s leadership
Belgium’s Praet to be nominated to ECB executive board
Eurozone finance ministers recommend National Bank of Belgium executive director Peter Praet to European Central Bank executive board
Belgium’s Praet, ex-Slovak deputy Kohútiková up for ECB board
National Bank of Belgium executive director Peter Praet and former National Bank of Slovakia deputy governor Elena Kohútiková nominated for ECB executive board seat to be vacated by Gertrude Tumpel-Gugerell
Belgium’s Quaden defends IMF
National Bank of Belgium governor Guy Quaden says political independence of Fund makes its surveillance meaningful
National Bank of Belgium - Financial Stability Review (2010)
National Bank of Belgium's financial stability review outlines shortcomings of government law passed on banking recovery measures