Eurozone
Swift defends role in data exchange
Swift, the Belgian company accused of transferring data on financial transactions to the US authorities, has refuted claims that it acted illegally.
ECB paper on international portfolio flows
The European Central Bank Working Paper "The geography of international portfolio flows, international CAPM and the role of monetary policy frameworks," says that global equity markets might be more integrated than global bond markets.
Monetary policy in the media
This European Central Bank Working Paper, published 29 September, analyses the coverage which ECB monetary policy decisions receive in the print media, and the determinants of its extent and of its favourableness.
Gonzalez-Paramo on the design of monetary policy
In the speech 'Expectations, uncertainty and the design of monetary policy' given on 28 September Jose Manuel Gonzalez-Paramo of the ECB said as regards the predictability of monetary policy, policy moves have been well anticipated by money markets.
ECB's Bini Smaghi on an ageing society
In the speech 'Democratic representation and economic policy rules in an ageing society' given on 28 September Lorenzo Bini Smaghi of the ECB said ageing population and negative demographics may jeopardize the financial and political sustainability of…
ECB's Stark on central bank independence
In the speech 'The role of central banks in economic and personal finance education' given on 29 September Jurgen Stark of the ECB made some pointed remarks indirectly warning Poland's government against interfering with the country's central bank.
ECB will move forward with financial integration
A European Central Bank executive board member signalled in comments to the Financial Times, published Friday 29 September, that the ECB will push ahead with plans to increase eurozone financial integration by providing securities settlement services,…
Weber sees inflation risks despite oil price fall
Germany's Bundesbank president Axel Weber said Thursday 28 September the eurozone still faces inflation risks despite the recent dip in oil prices.
Tumpel-Gugerell on financial system modernisation
In the speech 'Opening remarks at the conference on Financial System Modernisation and Economic Growth in Europe' given on 28 September Gertrude Tumpel-Gugerell of the ECB said EU economic growth has been disappointing in the period since the launch of…
Kosovo revamps banking system to bolster economy
This article published by VOA on Saturday 23 September says that the move to transform the Banking and Payments Authority of Kosovo into a central bank will provide more independence and regulatory authority to Kosovo's new banking system.
ECB's Trichet says Europe lags US on labour
European Central Bank president Jean-Claude Trichet told a panel discussion on Saturday 23 September that labour productivity is the biggest problem facing the eurozone economy.
Launch of the ECB Statistical Data Warehouse
The European Central Bank launched its Statistical Data Warehouse on the internet on Thursday 21 September. The Statistical Data Warehouse is the ECB's new online data delivery service for statistics.
ECB's Tumpel-Gugerell on a SEPA for cards
In the speech 'A SEPA for cards: a contribution to a cashless society?' given on 20 September Gertrude Tumpel-Gugerell of the ECB said the ECB has been surprised by the strength of growth in cash in circulation since the launch of the euro.
ECB report on interest rate differences
The European Central Bank published a report on differences in MFI interest rates across euro area countries on 20 September. In the report the ECB said interest rates charged by banks vary widely between euro zone countries.
ECB Liikanen says more rate hikes needed
The European Central Bank will have to raise interest rates again if it is to keep inflation under control, Finnish central bank chief Erkki Liikanen said in a newspaper interview published Wednesday 20 September.
ECB's Weber not worried on Iran reserves threat
A threat by the Central Bank of Iran to move its foreign exchange reserves out of dollars into other currencies, notably the euro, should not necessarily be a cause for concern, European Central Bank Governing Council member and Bundesbank President Axel…
ECB's Gonzalez-Paramo on statistics
In the speech 'Statistics for the international financial system' given on 18 September Jose Manuel Gonzalez-Paramo of the ECB said in today's global economy, timely and reliable official statistics play a key role in policy-making as well as in…
ECB's Tumpel-Gugerell on the economic outlook
In the speech 'Economic outlook and policy challenges for the euro area' given on 18 September Gertrude Tumpel-Gugerell of the ECB said the ECB expects a 'normalisation' of eurozone growth in the third quarter after the strong performance of the first…
ECB's Stark on the European economy
In the speech 'Key issues facing the global economy outlook for the European economy: regaining prominence in the global economy?' given on 17 September Jurgen Stark of the ECB said inflation risks in the 12-member euro zone are clearly on the upside.
ECB's Gonzalez-Paramo on financial markets in EMU
In the speech 'Fiscal policies and financial markets in EMU' given on 15 September Jose Manuel Gonzalez-Paramo of the ECB said in principle, market forces can play a useful role in encouraging euro area governments to act in line with fiscal…
Gonzalez-Paramo says ECB 'strongly vigilant'
European Central Bank Executive Board member Jose Manuel Gonzalez-Paramo said on Monday 18 September that eurozone interest rates were low and the ECB was strongly vigilant over risks to inflation.
ECB alert to inflation danger - Trichet
European Central Bank president Jean-Claude Trichet said in an interview due for release on Friday 15 September that the ECB bank remains on the alert about euro zone inflation dangers.
Eurozone's Juncker wants end to Trichet spat
Eurozone finance ministers and the European Central Bank should end their public spat, Luxembourg's Prime Minister Jean-Claude Juncker said in an interview published in The Financial Times.
ECB's Stark says inflation expectations may rise
European Central Bank executive board member Juergen Stark said in an interview he sees a risk that inflation expectations will rise if the market thinks the ECB is tolerating an inflation rate above 2 pct.