Euro
Finland's Liikanen: euro brought price stability
The European monetary union has fulfilled and even exceed expectations in terms of monetary and price stability, said Erkki Liikanen, the governor of the Bank of Finland.
We may not meet 2009 SEPA deadline, say banks
European Union banks have said that the introduction of a single euro payments system (SEPA) could face delays after the European Commission ruled they would not be able to charge for facilitating cross-border direct-debit payments.
Czech's Tuma taciturn on koruna's slump
Zdenek Tuma, the governor of the Czech National Bank (CNB), has said he sees "no need to comment" on recent fluctuations in the value of the koruna against the euro.
ECB's Weber signals little support for cuts
Inflation fears could undermine prospects of lower eurozone interest rates, Axel Weber, the president of the Bundesbank and a member of the ECB's Governing Council, indicated.
Dollar less important when reserves abundant
The share of the dollar in global foreign currency reserves falls when reserve levels increase, finds a new paper from the European Central Bank.
Simpsons cartoon hero coined on euro
A Spanish shopkeeper has found a defaced euro coin bearing the head of Homer Simpson, the star of the Simpsons cartoon series.
Russia embraces euro
The euro has gained in importance in Russia as an anchor and reserve currency, according to a new paper from the European Central Bank.
Strong euro less harmful for developing trade
The euro's strength has a weaker effect on the competitiveness of euro-area exports when the destination is a developing country, finds new research from the European Central Bank.
Globalisation and the euro area
Globalisation has benefited the euro area in several ways, research published by the European Central Bank shows.
ECB publishes payment systems report
The European Central Bank (ECB) on Friday released its first payments systems and market infrastructure oversight report.
Number of counterfeit euro notes surges
The number of counterfeit banknotes recovered in the eurozone soared by 5.4% in the first half of 2008, the European Central Bank (ECB) said on Thursday.
Euro debt issuance hit by market turmoil
The euro lost ground as a currency of debt issuance in 2007, a result that the European Central Bank said may reflect the continued fallout from the credit crisis.
EU sets euro exchange rate for Slovakia
The European Commission on Tuesday finalised Slovakia's bid to join Europe's single currency, fixing the koruna's conversion rate at 30.1260 to the euro.
Italy's Draghi on the euro
The euro's role as an international reserve currency is set to grow, Mario Draghi, the governor of the Bank of Italy, believes.
Eurozone inflation surges to 4%
Euro-area annual inflation is expected to have soared to a fresh high of 4% in the year to June, data released Monday revealed.
Slovakia faces up to inflation threat
Ivan Sramko, the governor of the National Bank of Slovakia, details how the authorities are tackling the threat of inflation in the run up to euro accession and beyond
The determinants of euro's global currency role
A research note from Deutsche Bank finds four factors that would lead to a rise in the use of the euro as an international currency by 2010.
Runaway Eurozone inflation hits fresh high
Annual inflation in the euro area surged in May to a record high of 3.7%, up from 3.3% the previous month.
Real convergence and EU growth
An occasional paper from the European Central Bank focuses on real convergence and its determinants in candidate and potential candidate countries for joining the euro.
CNB's Tuma suggests approaches to euro adoption
Zdenek Tuma, the governor of the Czech National Bank, has outlined two possible strategies for euro adoption.
Don't stall on euro decision: ex-CNB deputy
Ludek Niedermayer, a former deputy governor at the Czech National Bank, has warned the government against pursuing a wait-and-see strategy on joining the eurozone, describing such behaviour as "a little bit cowardly".
ECB's TARGET Annual Report 2007
In 2007, use of TARGET, a large-value payment system in the euro area, surged in terms of both volume and value of transactions business, the annual report on the system states.
Denmark values euro's stabilising powers
The existence of the euro has been an advantage to the Danish economy during the current financial crisis, said Nils Bernstein, the governor of the National Bank of Denmark.
ECB Annual Report 2007
The third enlargement of the euro area, which took place on 1 January 2008 when Cyprus and Malta adopted the single currency, occurred in a smooth and efficient manner, Jean-Claude Trichet, the president of the central bank said in his introduction to…