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Eurozone

Malta - Annual Report 2007

Fiscal policy is the only short-term countercyclical instrument available since Malta joined the eurozone, said Michael Bonello, the governor of the Central Bank of Malta, in the latest Annual Report.

Research suggests Sarkozy's ECB ire unjustified

Though it is unlikely to placate Nicolas Sarkozy, France's president, new research has found the European Central Bank (ECB) is more transparent than the national central banks of the eurozone members were before the introduction of the euro.

ECB's Tumpel hails "encouraging" replies to T2S

Responses from Europe's settlement houses to an invitation to join the European Central Bank's settlement initiative, T2S, have been "encouraging" said Gertrude Tumpel-Gugerell, an executive director at the ECB, two days ahead of the deadline for replies.

ECB fails to find builder for new headquarters

The European Central Bank (ECB) said on Wednesday that it had closed its tender for the construction of its new headquarters as contractors' estimates were well above what the central bank had budgeted for.

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