Euro
Jarai says euro target date 'hopeless' for Hungary
Hungary's "macroeconomic developments do not appear to be improving, especially in terms of the public sector", Hungary's central bank Governor Zsigmond Jarai told a press conference on Monday 19 September.
Central Europe: What's delaying the euro
Momentum in Central Europe to adopt the euro as soon as possible has diminished, this article reports. The big obstacle, it says, is budget deficits.
China's forex regime poses fresh puzzle
An article published on Tuesday 13 September says China's new rules for its currency regime could mean the country may be forced to battle the nearly $2 trillion-a-day global forex market to try to control the dollar, euro and yen exchange rates.
Poland may hold euro referendum
Poland may hold a referendum on when to adopt the euro if the country's expected next ruling coalition cannot agree on a timetable, top presidential candidate Donald Tusk said on Thursday 15 September.
Estonian central bank chief positive on 2007 euro
According to Estonia's central bank chief Andres Lipstok, the country is on track to reduce inflation in time to join the euro on 1 January 2007, though rising oil prices require vigilance.
Malta holds foreign reserve management workshop
The Central Bank of Malta has hosted a two-day workshop in conjunction with the European Central Bank on the implications of euro area membership for foreign reserve management by national central banks.
Czechs drop 2009 as possible euro entry date
The Czech Republic is dropping 2009 as a possible date for entry to the euro, instead pencilling in 2010 as the preferred date.
Challenges for central banks in an enlarged EMU
A new book analyses the challenges that lie in front of the EU as it used to be, the hurdles that have to be cleared by possible candidates, and the impact of these developments on important economic sectors like the financial markets.
Time for the ECB to intervene
Charles Goodhart makes the case for Europe’s central bank to sell the euro.
Review of Monetary policy Transmission in the Euro Area
The ECB is piecing together how monetary policy affects the eurozone economy. A review by Paul Brione of Central Banking.
Buba report says weak growth in EU 'real' problem
The Bundesbank published its August monthly report on Monday 15 August, saying that weak economic growth in the EU is responsible for feelings of discontent with eurozone economic growth.
Italian economy minister wants ECB rate cut
Italy's deputy economy minister Mario Baldassari said he favours the European Central Bank cutting its interest rates, as well as the euro being valued at parity with the dollar.
ECB Monthly Bulletin, August 2005
The European Central Bank published its August 2005 Monthly Bulletin on Thursday 11 August. The euro zone economy is on track for gradual expansion without pressing inflationary problems, the report said.
Shadow on the Euro
An article published this week notes that five months after central banks talked of increasing their euro reserves at the expense of the dollar, the speculation now is about how long the euro will last. With its credibility in danger the article asks…
IMF letter on prospects for ECB rate cut
In a letter published by the Financial Times on Tuesday 9 August, Michael Deppler of the IMF said international developments suggest that the worst may be over on growth in the eurozone but point to further upward pressure on headline inflation because…
Study says euro could be top reserve by 2022
A paper published this week says the euro could replace the dollar as the world's dominant reserve currency within 20 years if Britain and other EU countries adopted the unit and the US currency continues to slide.
Pressure on Asia to shift reserves
Asian central banks may have to shift up to $500 billion in reserves from dollars to euros and yen or risk foregoing $28 billion a year in potential revenue, according to a report published by Goldman Sachs Group.
ECB sued over euro note security
A company that specialises in anti-counterfeiting technology filed a lawsuit against the European Central Bank on Monday 1 August claiming the euro common currency infringes on a patent issued in 1999.
Latvia calls for clarity on euro area entry date
The Latvian government wants to know for sure that the European Commission and the European Central Bank will permit the Baltic state to join the euro-area in 2008, provided that Latvia meets all Maastricht criteria, BNS reported.
IMF's Rato says no need for ECB rate cut yet
International Monetary Fund managing director Rodrigo Rato said in an interview that there is no reason for the European Central Bank to cut interest rates at the moment, but it should do so if euro zone growth weakens any further.
EU Finance Ministers try to bolster euro
European Union finance ministers on Tuesday 7 June attended a summit in Luxembourg and admitted the continuing fallout from the crisis surrounding the rejection of the EU's constitution had an economic impact.
Issing on the monetary pillar of the ECB
In the speech 'The monetary pillar of the ECB' given on 3 June Otmar Issing of the ECB said the ECB's monetary policy has been an undisputed success since the launch of the euro in 1999.