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Euro

Bini Smaghi on the governance of the euro area

In the speech 'The governance of the euro area (eight years on)' given on 27 February Lorenzo Bini Smaghi of the ECB said eurozone finance ministers should exercise greater discipline in their comments on exchange rates.

Iceland's Fridriksson on monetary policy

In the speech 'Monetary policy and its implementation' given on 20 February Ingimundur Fridriksson of the Central Bank of Iceland said the central bank has already stated its view that adopting the euro would be imprudent except by joining the EU.

ECB's Tumpel-Gugerell still sees SEPA from Jan 08

European Central Bank board member Gertrude Tumpel-Gugerell said Tuesday 20 February the plan for a single euro payments area (SEPA) is still on track to begin operations from 1 Jan next year, despite disputes over organising cross-border operations.

Zalm says French on their own over ECB

Outgoing Dutch finance minister Gerrit Zalm said in an interview published Wednesday 14 February that no other eurozone countries share France's wish for politicians to exercise more control over the European Central Bank.

Reforming China's exchange rate policy

This Working Paper from the University of Venice is aimed at analysing the decision of the Chinese central bank to reform the exchange rate of the national currency and to gauge the effects of this change in regime on the Chinese economy and the world…

Slovene president defends Gaspari nomination

Slovenia's president Janez Drnovsek has defended his decision to nominate Mitja Gaspari for a second term as central bank governor. "His contribution to the development of the Slovenian financial system is great," Drnovsek told POP TV on Sunday 28…

Poland's Rybinski on the euro adoption

In the speech 'The euro adoption - assessing benefits and costs' given on 17 January Krzysztof Rybinski of the National Bank of Poland discusses selected aspects of the cost-benefit analysis of Poland's adoption of the euro.

Prodi backing ECB independence

Italian prime minister Romano Prodi said this week the European Central Bank (ECB) should maintain its independence and that it had done a good job in its interest rate policy.

EU's Almunia positive on 2007 inflation

European Union Monetary Affairs commissioner Joaquin Almunia said Thursday 18 January eurozone growth and inflation should be roughly in line with 2006 figures this year thanks largely due to a positive outlook for Germany.

ECB's Trichet says 'Welcome to the Euro'

In a speech at the Celebration "Welcome to the Euro" given on 15 January Jean-Claude Trichet of the ECB congratulated Slovenia for its successful integration with the euro area and the adoption of the euro.

ECB's Gonzalez-Paramo on Slovenia's euro entry

In the speech 'Welcome to the euro, farewell to the tolar' given on 15 January Jose Manuel Gonzalez-Paramo of the ECB said the introduction of euro cash in Slovenia represented a highly successful continuation of the 2002 cash changeover.

ECB says Slovenia's euro switch successful

Two weeks after the introduction of the euro banknotes and coins, the cash changeover in Slovenia has been successfully finalised in accordance with the plans, the European Central Bank said Tuesday 16 January.

ECB's Tumpel-Gugerell at the Euro conference

In a panel intervention at the Euro conference hosted by Banka Slovenije given on 15 January Gertrude Tumpel-Gugerell of the ECB said now that it has adopted the euro, Slovenia needs to adapt to the absence of an independent monetary and exchange rate…

ECB's Trichet at € conference Slovenia

In his keynote address at the "€ conference Slovenia" given on 15 January Jean-Claude Trichet of the ECB said Slovenia will enjoy the general benefits of participation in the single currency area, such as no exchange rate risks with respect to its most…

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