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Eurozone

Trichet remains firm on inflation

In all circumstances, but even more in times of heightened uncertainty in global financial markets, a strong commitment to price stability over the medium term is essential, said Jean-Claude Trichet, the president of the European Central Bank (ECB).

ECB's TARGET Annual Report 2007

In 2007, use of TARGET, a large-value payment system in the euro area, surged in terms of both volume and value of transactions business, the annual report on the system states.

ECB Annual Report 2007

The third enlargement of the euro area, which took place on 1 January 2008 when Cyprus and Malta adopted the single currency, occurred in a smooth and efficient manner, Jean-Claude Trichet, the president of the central bank said in his introduction to…

ECB Monthly Bulletin - April 2008

The latest edition of the European Central Bank's Monthly Bulletin argues that recent movements in bond markets that appear to indicate a pick up in euro-area inflation expectations, are misleading.

Trichet on the euro's success

A high level of central bank credibility has ensured that the creation of the euro has been a success story, Jean-Claude Trichet, the president of the European Central Bank (ECB), said.

Trichet indicates rates to remain at 4%

Jean-Claude Trichet, the president of the European Central Bank (ECB), signalled that the Governing Council will leave rates unchanged for the foreseeable future despite mounting evidence that the credit crunch could severely impact the real economy.

ECB in a quandary as inflation rises sharply

The European Union's statistics office said on Monday 31 March that consumer price inflation accelerated to 3.5% this month from 3.2% in February, the biggest rise since June 1992, further exacerbating the European Central Bank's (ECB) monetary policy…

The EU's approach to SWFs is commendable

The EU Commission's proposal for sovereign wealth fund policies are to be welcomed, says Norbert Walter, the chief economist of Deutsche Bank Group. And it is in the interests of the funds themselves to support this course.

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