Euro
Rates up in Norway and Malta, Poland steady
The central banks of Norway and Malta raised interest rates on 30 May, while rates remained unchanged in Poland.
The importance of monetary aggregates
This ECB working paper presents a strong argument in favour of using monetary aggregates as an analytical tool for predicting future inflation.
Cyprus's Orphanides prioritises euro entry
The newly-appointed governor of the Central Bank of Cyprus, Athanasios Orphanides, has told the country's parliament that overseeing a smooth introduction to the euro in January is the central bank's number one priority.
ECB head says UK should join eurozone
Jean-Claude Trichet, president of the European Central Bank, questioned the UK's refusal to join the eurozone, in an interview in the Financial Times on 17 May.
New York Fed's Foreign Exchange Operations Report
According to the Federal Reserve Bank of New York's Treasury and Federal Reserve Foreign Exchange Operations quarterly report for January-March 2007, published 3 May, the U.S. monetary authorities did not intervene in the foreign exchange markets during…
HKMA Quarterly Bulletin, March 2007
The Hong Kong Monetary Authority has published the March 2007 issue of its Quarterly Bulletin. The Bulletin includes the article "Assessment of the euro payment system in Hong Kong". The article assesses Euro CHATS, one of the major clearing and…
France's Noyer on monetary union in Europe
In the speech 'From Maastricht to the present and beyond' given on 16 April Christian Noyer of the Bank of France said monetary union in Europe is well grounded, both on its technical and political pillars.
Malta and Cyprus looking for euro thumbs up
According to this article published by the Times of Malta on Sunday 13 May, Malta and Cyprus will this week get the go ahead to join the euro next year.
Interview with Paul de Grauwe
In an interview with EurActiv, published Thursday 10 May, Paul de Grauwe warns that "ill-founded" and "dangerous" criticism of the European Central Bank by newly elected French president Nicolas Sarkozy could threaten monetary union.
ECB says planning new card payment oversight
The European Central Bank said on Thursday 3 May it is proposing a new cross-border framework to oversee all payment card systems using the euro.
Poland ready for euro, but Euro 2012 brings risks
Poland is ready to adopt the euro by 2012, but holding the Euro 2012 football championships will bring economic risks, Poland's finance minister told the Financial Times on Wednesday 2 May.
ECB's Liebscher: vigilance ensures stable prices
European Central Bank vigilance will safeguard future price stability and a stable euro, ECB Governing Council member Klaus Liebscher wrote in an Austrian newspaper on Wednesday 2 May.
Trichet backing ECB against meddling
Jean-Claude Trichet of the European Central Bank rejected French presidential candidates' criticism of the eurozone central bank, insisting in an article published Sunday 29 April that the majority of French citizens support the bank's actions.
Hungary's Simor on the road to the euro
In the speech 'On the road to the euro - good governance and effective partnership' given on 19 April Andras Simor of the Central Bank of Hungary said at the central bank, as in every organisation, a balance needs to be created between corporate and…
Papademos on the ECB's Annual Report
In a speech given on 23 April Lucas Papademos of the ECB said with regard to structural reforms, euro area countries have become increasingly aware in recent years of the need to adjust to the challenges of increased global competition.
ECB member positive on low eurozone inflation
ECB Executive Board member Gertrude Tumpel-Gugerell said in an interview with Viennese daily Der Kurier that Europe's growth prospects remained "very positive" and eurozone inflation will probably stay below 2% this year.
Garganas says press reports wrongly quote him
Bank of Greece governor and European Central Bank committee member Nicholas Garganas issued a press release Monday 23 April denying making a statement in press reports that a stronger euro may mean the ECB doesn't have to raise interest rates again.
Eurogroup's Juncker sees no panic on euro
Eurogroup President Jean-Claude Juncker said Friday 20 April there is no is no reason for over concern on the strength of the euro.
Trichet on the euro and the dollar
In closing remarks at 'The euro and the dollar: pillars in global finance' conference given on 17 April Jean-Claude Trichet of the ECB said a number of indicators point to increasing cross-border banking activities in the euro area, such as the growing…
Interview with SNB's Jean-Pierre Roth
In an interview with Bloomberg published Monday 16 April, Swiss National Bank president Jean-Pierre Roth said a fall in the Swiss franc's value against the euro reflects turbulence on financial markets rather than developments in the domestic economy.
ECB's Liebscher on exchange rates
European Central Bank governing council member Klaus Liebscher said Monday 16 April that exchange rates should reflect fundamentals.
ECB's Trichet at the Transatlantic Roundtable
In keynote luncheon remarks at the conference 'Transatlantic Roundtable on Finance and Monetary Affairs' given on 13 April Jean-Claude Trichet of the ECB said that in terms of integration the euro area retail banking markets have further to go.
EU's Almunia says Europe in good times
Joaquin Almunia, the European Commissioner for economic and monetary affairs, said Saturday 14 April, Europe is enjoying a good recovery.
ECB says rates are boosting growth
European Central Bank president Jean-Claude Trichet told a press conference Thursday 12 April the ECB's interest rates are still boosting economic growth after seven increases since late 2005, leaving open the possibility of a further move.