Euro
Sepa implementation: an overview
A new publication from the Bank of Italy gives an up-to-date overview of the Single Euro Payments Area (Sepa) implementation process.
Harare abandons Zim dollar for foreign currencies
The Zimbabwean government has said that it will allow businesses to accept multiple currencies alongside the effectively worthless Zimbabwean dollar.
Eurozone, Japanese inflation sink
Eurozone annual inflation fell to its lowest level since 1999 in January as data revealed price growth in Japan came to a near standstill in 2008.
US liquidity impacts eurozone inflation
Excessive liquidity in the United States weakens the effectiveness of monetary policy in the euro area, a new paper from the International Monetary Fund posits.
Trichet: euro is not dollar's competitor
The euro was not created to compete with the dollar, said Jean-Claude Trichet, the president of the European Central Bank (ECB).
ECB's Tumpel-Gugerell: crisis impacting economy
The eurozone is experiencing a severe financial crisis that has begun to impact the real economy, said Gertrude Tumpel-Gugerell, a member of the European Central Bank's executive board.
Labour markets matter for ECB policy
Disturbances in the wage-bargaining process are a significant contributor to inflation and output fluctuations in euro-area, a paper from the Philadelphia Federal Reserve finds.
ECB's warns against dangers of fiscal excess
The latest European Central Bank Monthly Bulletin calls for governments to spend cautiously.
Denmark's Bernstein on the benefits of the euro
Nils Bernstein, the governor of the National Bank of Denmark, has outlined a number of reasons why Denmark should join the eurozone.
Danes less keen on euro
The popularity of the euro among Danes has waned since November 2008, a poll commissioned by one of the country's leading banks has found.
ECB cuts, Trichet signals more could come
The European Central Bank (ECB) has chopped a half point off its key rate and indicated rates could reach a fresh low in the months to come. The news followed confirmation that eurozone inflation sank below the central bank's target in December.
Ireland's Hurley to stay on after term ends
The governor of Ireland's central bank, John Hurley, has agreed to stay on beyond the official end of his first seven-year term in March.
Latvia breached euro budget rules - central bank
Latvia's fiscal deficit for 2008 was in excess of the 3% Maastricht criterion for euro entry, the Bank of Latvia has said, taking issue with the government's figure of 2.8%.
Romania's Isarescu on euro adoption
Romania's objective of joining the euro area in 2014 is within reach, said Mugur Isarescu, the governor of the National Bank of Romania.
Euro adds to Slovakia's New Year celebrations
Slovakia became the 16th country to join the Eurosystem on New Year's Day, an achievement few predicted would happen so soon after it joined the European Union less than five years ago.
Sterling edges towards euro parity
The dramatic decline in the value of the British currency showed few signs of abating as it edged towards parity with the euro on Wednesday.
Pound could sink to par with euro "within weeks"
The pound will reach parity against the euro on the back of a stream of poor news on the macro front and expectations on interest rates, market participants say.
Euro not the key to stability: CNB's Tomsik
Adopting the euro will do little to enhance macroeconomic stability, said Vladimir Tomsik, a member of the Czech National Bank's rate-setting board.
Sepa report: progress made, but more to be done
The European Central Bank has said it welcomes the evident progress made on the Single Euro Payments Area (Sepa) project, but has noted that work urgently needs to be done.
Denmark's Thomsen on the rise in debt issuance
Higher debt issuance from sovereign issuers is to be expected, Jens Thomsen, a member of the board of governors of the National Bank of Denmark, has said.
Euro a solution for currency risk: Hungary's Simor
Euro adoption could help eliminate potentially dangerous currency mismatches, said Andras Simor, the governor of the National Bank of Hungary.
Integration and openness vital: Italy's Draghi
Confronting the challenges posed by the current crisis requires greater integration and market openness, said Mario Draghi, the governor of the Bank of Italy.
Czech currency protects economy - CNB's Singer
The Czech koruna cossets the economy from financial turmoil elsewhere, said Miroslav Singer, a vice governor of the Czech National Bank.
SEPA at a crossroads - ECB's Tumpel-Gugerell
SEPA, the Single Euro Payments Area initiative, is at a crossroads, said Gertrude Tumpel-Gugerell, a member of the executive board of the European Central Bank.