Euro
Interview: Christodoulos Christodoulou
Cyprus is ready to be one of the first accession countries to join the euro, says governor of the Central Bank of Cyprus.
Convergence report
Wayward deficits in the larger economies have forced a retreat from earlier dates for joining the euro. Analysis of central bank strategies, speeches and statistics suggest that Slovenia, Cyprus and the Baltic states will vie to be the first in.
SNB's Roth: Euro's positive global influence
Swiss National Bank (SNB) governing board chairman Jean-Pierre Roth said that the euro has had a "positive global influence", including on Switzerland, since its introduction in 1999.
Padoa-Schioppa on European financial integration
In the panel session "Drivers of European Financial Integration - Markets or Policy?" at the ECB-CFS research network on 11 May Tommaso Padoa-Schioppa said the central bank of the euro has provided a fundamental contribution to the integration of…
ECB's Tumpel-Gugerell on five years of the euro
In a speech on 'Five Years of the Euro: Successes and New Challenges' given on 14 May, Gertrude Tumpel-Gugerell of the ECB said sharp swings in the foreign exchange value of the euro are having an impact on the eurozone economy.
Trichet on the international role of the euro
In a speech on 'The international role of the euro' given on 14 May, Jean-Claude Trichet of the ECB said the position on currency developments spelled out in the last two G-7 communiques in February and April remains valid.
ECB signs agreement with Interpol
The President of the ECB, Jean-Claude Trichet, and the Secretary General of Interpol, Ronald K. Noble, have signed an agreement aimed at ensuring effective co-operation between both parties in the protection of the euro and the fight against…
Issing says rate split suggestions 'sci-fi'
European Central Bank (ECB) chief economist Otmar Issing expressed concern on Thursday 29 April about sluggish growth in the 12-nation eurozone and dismissed suggestion of splits in the ECB over interests rates as "science fiction."
Chicago Fed's Moskow on five years of the euro
In opening remarks to the "Five Years of the Euro: Successes and New Challenges" Conference given on 26 April Michael Moskow of the Federal Reserve Bank of Chicago said the five-year-old shared euro currency continues to pose challenges for its member…
Balcerowicz says Polish euro entry may be delayed
Poland's national bank President Leszek Balcerowicz said the country may not be ready to adopt the euro by 2007 because the government has failed to cut spending.
Paris seminar on the EU accession process
The fifth central bank seminar on the European Union (EU) accession process was held in Paris on 4 and 5 March 2004. The purpose of this seminar was to exchange views on important central banking issues ahead of EU accession.
Trichet on the EU accession process
Speaking at the 'Paris seminar on the EU accession process' on 4 March, Jean-Claude Trichet of the ECB said that as European central bankers, our destiny is intertwined with the destiny of our continent. As Europe is being rebuilt and reunited, so we are…
Jarai: Hungary further and further away from 2008
President Zsigmond Jarai of the National Bank of Hungary said in a TV interview that Hungary is slipping "further and further away" from the introduction of the euro in 2008.
Buba's Stark says strong euro is not export burden
The Vice-President of Germany's Bundesbank Juergen Stark said on Wednesday 25 February that the strong euro did not have too much of an impact on exports and that the eurozone was slowly recovering.
France's Noyer reassures over 'very stable' euro
Bank of France governor Christian Noyer played down the rise of the euro on Wednesday 25 February, saying the rate was "very stable" and that the exchange rate was not far from the launch rate of the euro in 1999.
Hungary's Jarai: euro accession by 2008 difficult
President of the National Bank of Hungary Zsigmond Jarai said on Monday 23 February that considerable sacrifices will need to be made if Hungary is to join the eurozone in 2008.
Czech PM does not see euro entry before 2009
Czech Prime Minister Vladimir Spidla has said his country will aim to adopt the euro by 2009 at the earliest. This is two years later than the timetable agreed last year.
BNB's Quaden: Further euro rise 'not desirable'
Belgian National Bank governor Guy Quaden said at the release of the central bank's annual report that any further rise of the euro is "not desirable".
Bundesbank says eurozone not hurt by weak dollar
The Bundesbank said on Monday 16 February that economic recovery in the eurozone has not been harmed by the weak dollar, with increasing global demand more than compensating for it.
Interview with Zdenek Tuma
With accession on the horizon, the governor of the Czech National Bank evaluates the progress of economic transition and discusses his concerns over joining the euro.
Interview: Michael Bonello
Having successfully defended its peg for 30 years, Malta appears well placed to join ERM II. The governor of the Central Bank of Malta outlines the path to the eurozone and the pitfalls along the way.
Sweden's Heikensten on current monetary policy
In a speech on 'Monetary policy - some current issues' given on 10 February, Lars Heikensten of the Sveriges Riksbank said there are signs of an upturn in the euro area now, although the picture is not as clear-cut as in the United States.
Counterfeit euro notes rises in 2nd half 2003
The ECB said on Thursday 22 January that a total of 311,925 counterfeit euro banknotes were removed from circulation in the second half of 2003, an increase of 30 per cent on the first half.
ECB's Issing is concerned by strong euro
The European Central Bank's chief economist Otmar Issing said on Friday 16 January that he was "concerned" about the impact of the strong euro.