European Central Bank (ECB)
Buba's Weber not saying ECB rates are appropriate
Bundesbank president Axel Weber said Tuesday 13 March he would not describe current euro zone interest rates as "appropriate".
ECB's Bini Smaghi says rates depend on growth data
Interest rates "must adjust" to combat inflation if economic growth continues, European Central Bank executive board member Lorenzo Bini Smaghi told Italian daily La Stampa in an interview published Sunday 11 March.
Liebscher says ECB job not finished yet
European Central Bank council member Klaus Liebscher said in an interview published Monday 12 March the bank can't consider its job done after seven interest-rate increases because inflation remains a threat.
ECB policy on 'accommodative side' says Weber
Bundesbank president Axel Weber said Friday 9 March the European Central Bank's monetary policy remains "on the accommodative side" even after Thursday's rate hike.
Bank of France attacks ECB strategy
According to this article from The Daily Telegraph, published Friday 9 March, the ECB has received an unprecedented attack on the "reliability" of its strategy by the Bank of France and a barrage of attacks by French leaders.
Trichet says ECB may not be done yet on rates
European Central Bank president Jean-Claude Trichet said Thursday 8 March he is not saying that ECB interest rates are necessarily at a peak after increasing interest rates.
Kozari on the Eurosystem Needs Assessment Program
In the speech 'Launch of the Eurosystem Needs Assessment Program' given on 16 February Kemal Kozari of the Central Bank of Bosnia and Herzegovina said this Program identifies the areas in which the Central Bank of Bosnia and Herzegovina should achieve…
ECB paper on globalisation and euro area trade
As a major player in world trade, the euro area is strongly influenced by globalisation, but is far from being a passive spectator, according to the ECB Occasional Paper "Globalisation and euro area trade - Interactions and challenges" published March…
Romania not rushing on euro entry - report
Romania will resist European Central Bank advice to bring forward its target date for adopting the euro, opting instead for a more cautious path towards the single currency, the Financial Times reported Friday 2 March, citing central bank governor Mugur…
ECB's Trichet on governance and convergence
In the speech 'Governance and convergence: the state of play in the euro area' given on 28 February Jean-Claude Trichet of the ECB said the bank's monetary policy must be credible in ensuring price stability.
Report says watchdog to probe ECB settlement plan
The European Central Bank's plans to establish an integrated securities settlement system in the euro zone will be examined by the region's competition watchdog, according to a report by the FT Thursday 1 February.
Bini Smaghi on the governance of the euro area
In the speech 'The governance of the euro area (eight years on)' given on 27 February Lorenzo Bini Smaghi of the ECB said eurozone finance ministers should exercise greater discipline in their comments on exchange rates.
ECB's Wellink says euro economy good, rates low
European Central Bank governing council member Nout Wellink said on Tuesday 27 February that eurozone interest rates were still low but oil prices are clouding the inflation outlook.
ECB's Stark continues to see inflation risks
European Central Bank board member Juergen Stark told Die Welt Wednesday 28 February that although eurozone inflation will probably slow this year, medium-term price developments remain a concern.
Buba's Weber signals ECB rate hikes
Bundesbank president Axel Weber signalled Wednesday 28 February in a speech that the European Central Bank was set to further raise its key interest rates, which are already at a five-year high point.
Garganas says price risks growing
European Central Bank council member Nicholas Garganas told Bloomberg in an interview that economic growth may prove stronger than the ECB forecasts and inflation risks are increasing.
ECB's Wellink criticises ABN AMRO break-up call
European Central Bank governing council member Nout Wellink said hedge fund TCI was going too far in calling for a break-up of Dutch bank ABN AMRO, Dutch daily NRC Handelsblad reported.
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.
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.