Eurozone
ECB chief says wage restraint remains 'important'
European Central Bank president Jean-Claude Trichet said in an interview published Monday 26 February wage restraint in Europe remains important.
Trichet calls for yuan, Asian FX rate appreciation
ECB president Jean-Claude Trichet said Friday 23 February that there should be an appreciation in China's yuan exchange rate and other Asian currencies that aren't free-floating.
IMF's Lipsky upbeat on eurozone outlook
In an interview with Reuters published Thursday 22 February, IMF first deputy managing director, John Lipsky, said the world economy will slow slightly this year from 2006.
ECB paper on emerging market economies
The ECB Working Paper "What drives business cycles and international trade in emerging market economies?" investigates the role of domestic and external factors in explaining business cycle and international trade developments in fifteen emerging market…
ECB's Tumpel-Gugerell still sees SEPA from Jan 08
European Central Bank board member Gertrude Tumpel-Gugerell said Tuesday 20 February the plan for a single euro payments area (SEPA) is still on track to begin operations from 1 Jan next year, despite disputes over organising cross-border operations.
Tumpel-Gugerell on tripartite protocol
In a speech given on 16 February Gertrude Tumpel-Gugerell of the ECB said over the next six months, the ECB and eight central banks will be working closely with the Central Bank of Bosnia and Herzegovina on a needs assessment programme funded by the…
ECB's Trichet on an increasingly globalised world
In the speech 'How can the European economy succeed in an increasingly globalised world?' given on 15 February Jean-Claude Trichet of the ECB said euro zone countries need to improve their cost competitiveness to benefit from globalisation.
ECB Monthly Bulletin, February 2007
The European Central Bank published its February 2007 Monthly Bulletin on Thursday 15 February. In the report the ECB said reiterated that it is exercising 'strong vigilance' on inflation risks.
ECB paper on market responses to policy decisions
The ECB Working Paper "Using intraday data to gauge financial market responses to Fed and ECB monetary policy decisions" examines bond and stock market volatility reactions in the euro area and the US following their respective economies' monetary policy…
ECB's Quaden says yen, yuan weak v euro
The Japanese yen and the Chinese yuan are undervalued against the euro, European Central Bank governing council member Guy Quaden said Thursday 15 February.
Malta may apply for euro accession in March
Malta will file its formal request for accession to the eurozone in the first two weeks of March, The Times of Malta reported Wednesday 14 February.
Weber sees inflation around 2 pct to end-2008
Bundesbank president Axel Weber said in an interview published Thursday 15 February he expects eurozone inflation to be around 2.0 pct between now and the end of 2008.
Tumpel-Gugerell on the ECB's view on SEPA
In the speech 'The European Central Bank's view on SEPA' given on 13 February Gertrude Tumpel-Gugerell of the ECB said the aim of SEPA is to complete the introduction of the euro as the single currency and to support European integration.
Cyprus makes request to join eurozone, says EU
The European Commission has received an application from Cyprus to join the euro zone, spokeswoman Amelia Torres said Tuesday 13 February.
Trichet warns markets on carry trades risk
European Central Bank president Jean-Claude Trichet warned markets this weekend at the G7 finance ministers and central bank governors meeting that one-way bets in currency markets posed risks.
ECSDA calls for postponement on settlement system
The European Central Securities Depositories Association (ECSDA) has called for the European Central Bank to postpone plans to implement an integrated securities settlement system in the euro zone, the Financial Times reported.
Trichet 'inflexibly attached' to ECB independence
European Central Bank president Jean-Claude Trichet, told reporters Thursday 8 February he is 'inflexibly attached' to implementing EU Treaty provisions that protect the central bank's independence from political meddling.
ECB's Trichet flags rate increase with 'vigilance'
European Central Bank President Jean- Claude Trichet signalled the ECB will likely raise interest rates next month as the pace of economic growth threatens to stoke inflation.
Germany's Steinbrueck backs ECB's independence
German finance minister Peer Steinbrueck said Wednesday 7 February that the independence of the European Central Bank, which has received criticism from some French politicians, must be respected.
ECB seeks to preserve its independence
This article from the Associated Press, published Tuesday 6 February, looks at the debate over whether countries that use the euro should have an influence on its decision-making process.
NBP's Skrzypek sees 2012-2013 euro adoption
In an interview published in Sunday 4 February's issue of Wprost, National Bank of Poland head Slawomir Skrzypek announced that it will be at least five years before Poland adopts the euro.
ECB rapped by EU privacy regulator over Swift
The EU's data protection supervisor, Peter Hustinx, said Thursday 2 February that it was unacceptable for confidential data to be handed to US authorities and the European Central Bank should do more to control the Swift payment transactions network.
Remarks by the ECB on the oversight of SWIFT
The European Central Bank (ECB) said in a press release Thursday 1 January it would like to note that central banks are responsible for fostering financial stability and promoting the smooth operation of payment and settlement systems.
Stark says ECB policy still accommodative
European Central Bank chief economist Juergen Stark told Boersen-Zeitung in an interview to be published Thursday 1 February that eurozone monetary policy remains accommodative despite the 25 basis point December rate increase.