Euro
ECB Press Release
PRESS RELEASE - European Central Bank Decisions on the issue of euro banknotes and on the allocation of monetary income, 6 December 2001.
ECB holds rates steady
EUROPE - The European Central Bank (ECB) has left its key interest rate unchanged at 3.25% on Thursday at its last meeting before the introduction of euro notes and coins in January.
ECB Noyer - Little M3 impact from euro changeover
GERMANY - European Central Bank Vice President Christian Noyer said Thursday that the bank doesn't expect the changeover to euro notes and coins next year to have a significant impact on M3 money supply growth.
Duisenberg - Current ECB rates appropriate
GERMANY - European Central Bank President Wim Duisenberg Thursday justified the central bank's decision to leave interest rates unchanged by saying recent data confirmed the ECB's view that there are no immediate dangers for price stability in the euro…
Bank of France euro workers go on 24 hour strike
FRANCE - Bank of France workers responsible for distributing euro notes went on strike for 24 hours on Tuesday, the latest in a series of labour disputes to disrupt the introduction of the single currency in France.
Speech by Federal Reserve Chairman Alan Greenspan
SPEECH - Remarks by Federal Reserve Chairman Alan Greenspan before the Euro 50 Group Roundtable, Washington, D.C., 30 November.
ECB post findings on how rate moves affect economy
GERMANY - Ordinary Europeans may quickly get used to the new euro notes and coins that begin circulating in a few weeks, but it may be years before the European Central Bank fully understands the functioning of the new economy created by the common…
Economists can indeed 'conclude otherwise' on euro
LETTER - A letter published in the London edition of the Financial Times on 29 November.
Irish government hold on c bank gov post must end
ARTICLE - It is likely the Government will appoint a new governor for the Central Bank of Ireland within the next few months. Although the incumbent, Mr Maurice O'Connell, was appointed to a second term earlier this year, it is understood that he will…
Speech by Otmar Issing of the ECB
SPEECH - Speech by Professor Otmar Issing, member of the Executive Board of the European Central Bank at the CEPR/ECB Workshop on issues in the measurement of price indices, Frankfurt, 16 November.
Buba Welteke: Euro undervalued, dollar overvalued
JAPAN- Deutsche Bundesbank President Ernst Welteke said Wednesday that while foreign exchange rates are decided by the market, the euro is undervalued against the dollar.
Speech by Ernst Welteke, Bundesbank President
SPEECH - Speech by Ernst Welteke, Prasident der Deutschen Bundesbank delivered to the Japanese Bankers' Association in Tokyo, 28 November.
Speech by the Governor of Austria's central bank
SPEECH - Luncheon speech by Klaus Liebscher Governor of the Oesterreichische Nationalbank, at the East-West-Conference, Vienna, 6 November.
€ Euro - French police break up euro strike
FRANCE - French riot police have forced their way into the only mint in the country producing euro coins, after a 10-day strike by workers over pay and conditions.
€ Euro - Portugal rolls presses again
PORTUGAL - The euro has brought banknote printing back to Portugal for the first time in almost a century. Since the early 1900s, the work had been outsourced, largely to the UK, for reasons of economy of scale. But the Bank of Portugal decided that it…
China will increase euro reserves
CHINA - The vice president Guo Shuqing with The People's Bank of China discloses that China has purchased a number of Euro as foreign exchange reserve in the past 2 months.
Speech by John Townend of the Bank of England
SPEECH - Speech by John Townend, Director for Europe at the Bank of England at the Institute for International Monetary Affairs Euro Symposium in Tokyo on 16 November.
Euro changeover may affect Sterling exchange rate
JAPAN - The introduction of euro notes and coins may have implications for the euro-sterling exchange rate, according to Bank of England's director for Europe, John Townend who was speaking in Tokyo.
ECB Duisenberg - EU enlargement no threat to euro
GERMANY - The planned enlargement of the European Union by a number of accession countries poses no threat to the euro currency, European Central Bank President Wim Duisenberg said Friday.
UK shouldn't miss further opportunities in Europe
UK - United Kingdom Prime Minister Tony Blair said Friday that the U.K. shouldn't miss any further opportunities in Europe particularly regarding the euro.
ECB Issing - Euro undervalued deficit targets stay
SPAIN - European Central Bank Chief Economist Otmar Issing said Friday that the euro is undervalued and that he remains confident that the currency's value will rise in the future.
Speech by Ernst Welteke, Bundesbank President
SPEECH - Closing remarks at the European Banking Congress by Ernst Welteke, President of the Deutsche Bundesbank, Frankfurt, 23 November.
Row threatens Finland's euro launch
FINLAND - A row between banks and retailers in Finland is threatening to disrupt the launch euro notes and coins.
Speech by the Governor of the Bank of Greece
SPEECH - Speech by Lucas Papademos, Governor of the Bank of Greece at the Euro Information Conference, Athens, 17 October.