Governance

MEPs criticise ECB appointment

Following the approval of Jurgen Stark's nomination to the ECB's board by the European Parliament's Economic and Monetary Affairs Committee on Wednesday 19 April, some centre-left MEPs have criticised the go-ahead.

Padoa-Schioppa 'serious' candidate for econ min

Romano Prodi, Italy's election winner, said on Friday 21 April that former European Central Bank board member Tommaso Padoa-Schioppa was a "serious" candidate to become his economy minister, but that nothing had been decided yet.

Italy's Prodi may pick Padoa-Schioppa on economy

Italy's centre-left leader Romano Prodi is expected to pick former European Central Bank board member Tommaso Padoa-Schioppa as economy minister, if Prodi succeeds in forming a government, said La Stampa Saturday in an unsourced report.

Turkey names new central bank governor

Turkish President Ahmet Necdet Sezer approved the government's nominee for central bank governor on Tuesday 18 April after rejecting an earlier candidate, Economy minister Ali Babacan announced.

Fed policy makers behind closed doors

This article published on Wednesday 12 April looks at the recently published transcripts of minutes from the FOMC meetings in 2000. Behind the scenes, our central bankers and their advisers let their hair down a bit, it says.

Columbia economist linked to Fed board

The Federal Reserve is reported to be considering appointing former Columbia University economist and ex-Federal Reserve Bank of New York senior staff member Frederic Mishkin as vice chairman of the Fed's board.

Kyrgyz Rep's Sarbanov resigns

Ulan Sarbanov has been relieved of his post of chairman of the Kyrgyz National Bank "as of 30 March in line with his letter of resignation". The president recently signed the relevant decree, according to the Kyrgyz AKIpress news agency website.

Interview with ADB's Kuroda

In an interview published on Sunday 9 April, the President of the Asian Development Bank Haruhiko Kuroda said Asian countries, including China, already have ample foreign exchange reserves and there is no need for them to accumulate more.

Brazil central bank directors resign

Brazil's central bank said in a statement on Thursday 6 April that Alexandre Schwartsman, the head of its international relations department, and Sergio Darcy, chief of its norms department, had asked to step down.

Turkish governor name sent to president

Turkish State Minister and Chief Negotiator for EU talks Ali Babacan said on Friday 7 April that the government's decision on the appointment of a new central bank governor will be sent to President Ahmet Necdet Sezer today.

New BOK deputy governor appointed

South Korea's president Roh Moo-hyun on Thursday 6 April appointed Lee Sung-il, CEO and president of the Seoul Money Brokerage Services, deputy governor of the Bank of Korea (BOK).

Interview with Afghanistan's Delawari

According to an interview with Central Bank of Afghanistan governor Noorullah Delawari, published Saturday 1 April, security risks in the country are a major obstacle to investment outside of aid plans.

Philly Fed chief Santomero departs

According to this article published on Friday 31 March, Philadelphia Federal Reserve Bank president Anthony Santomero steps down during a phase of unusually high turnover at the U.S. central bank.

HKMA pay review 2006

The Hong Kong Monetary Authority (HKMA) announced on Friday 31 March the result of the annual pay review for staff of the HKMA in 2006.

Bernanke may prove hawk in dove's clothing

This article published on Wednesday 29 March reports that some commentators are saying the first few glimpses into the new Fed chairman's thinking suggest he may yet turn out to be more of a hawk than many predicted.

The battle of the central bankers

According to this article published on Wednesday 29 March, central banks around the world are now engaged in a decorous competition to demonstrate their superior communication skills.

Rivals line up for RBA succession

Australian Treasurer Peter Costello has just six months to find a replacement for Reserve Bank of Australia governor Ian Macfarlane. According to this article published on Sunday 26 March, Glenn Stevens may be favourite for the post, but there is still…

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