European Central Bank (ECB)
Estonian governor calls for eurozone co-operation
Lipstok says eurozone member states must work together to ensure a sustainable economic recovery
Draghi applauds team effort on euro turnaround
ECB president says every institution in the eurozone contributed to turnaround witnessed since November; warns there is more to be done
Central bankers debate loose monetary policy impacts and exit plans
Masaaki Shirakawa, Christian Noyer, Jean-Claude Trichet and John Gieve highlight the challenges of super-loose monetary policy; Cœuré says ECB has LTRO exit plan
ECB allows eurozone central banks to veto collateral
ECB says central banks in member countries can refuse bank bonds guaranteed by governments of countries involved in EU/IMF bailout programmes as collateral
Euro banknotes with Draghi’s signature enter circulation
Mario Draghi's signature appears on circulating euro banknotes as the ECB president expresses faith that situation in Europe is stabilising
Tighter euro rules will also target trade surplus countries, says González-Páramo
Europe needs to create new mechanisms to fulfill the duties of ‘missing institutions’ to ensure the euro can survive. New monitoring capabilities will also target trade surplus countries, says ECB board member
Central Bank of Egypt readies new supervisory framework
The Central Bank of Egypt nears completion of banking supervision makeover conducted with the assistance of European central banks
Liikanen urges controlled and timely policy readjustments
Governor of the Bank of Finland applauds impact of emergency ECB policy steps and talks of careful unwinding of positions
ECB reveals dip in G-20 GDP growth
European Central Bank announces G-20 GDP growth slowed to 0.7% in the fourth quarter of 2011
ECB working paper proposes indicator of systemic stress
European Central Bank researchers outline a new indicator of contemporaneous stress in the financial system, called the composite indicator of systemic stress
Draghi urges government action to spur recovery
President of the European Central Bank discusses internal and external eurozone competition and calls on countries to act during period of relative financial stability to advance economic reforms
ECB compromise on Basel III adjustments gets mixed response
An ECB proposal for the European Systemic Risk Board to have oversight on whether European regulators can adjust Basel III for macro-prudential purposes gets a mixed response from central bankers
Cœuré gives ECB perspective on priorities for the reform of financial regulation
Newest member of the European Central Bank's executive board talks about the key issues financial regulatory reforms must address
Greece’s private bondholders approve ‘voluntary’ debt swap
An 85.8% majority approves Greek sovereign debt swap but strong-arm tactics raise concerns about the future legal certainty of sovereign bonds
Draghi defends high-value euro banknotes
Letter to MEP Nikolaos Salavrakos outlines reasons for having €200 and €500 banknotes
European Central Bank lends $712 billion to banks
ECB doles out €529.5 billion in low interest loans; analysts raise concerns about how effective the second round of the LTRO will be and the market reaction
ECB rejects Greek bonds in reaction to rating cut
European Central Bank temporarily stops accepting Greek debt as collateral; move comes one day after rating agency drops country to a selective default rating
Praet discusses lessons from the crisis
ECB executive board member says speed at which imbalances result in systemic risks is a major lesson to learn; talks of emerging new Europe
ECB alters external communication policy
European Central Bank will no longer mass-produce hard copies of its Annual Report; document will be available online
Cœuré gives views on eurozone picture
Newest member of executive board at the ECB expresses support for past policy actions; calls on eurozone governments to act
Praet stresses importance of sticking to monetary policy mandate
European Central Bank executive board member Peter Praet warns of dangers of burdening monetary policy with tasks that fall outside its mandate of maintaining price stability
Inflation targeting: a child of our time?
Starting in 1989 inflation targeting has come of age. But does it have the durability to withstand severe economic and financial shocks, or was it simply a child of its time that cannot mature?
A new toolkit for eurozone survival
The eurozone’s short-term outlook depends on markets, voters, bureaucrats and politicians. Its longer term future requires radical change. Andrew Smithers considers the conditions that are needed for the eurozone to survive
Brendan Brown on life after death for the Emu
Brendan Brown puts forward a proposal for how a functioning monetary union in Europe could operate if the current system was to fail