European Central Bank (ECB)
ECB's Issing on EU and euro zone enlargement
In a speech on 'The enlargement of the EU and the euro zone' given on 27 April Otmar Issing of the ECB said the main question for the new Member States is how to achieve fast catching up to the old Member States.
Trichet on the euro: One currency, one market
In a speechon 'The euro: one currency, one financial market' given on 19 April, Jean-Claude Trichet of the ECB said that inflation expectations for the dozen countries that use the euro are in line with the ECB's goal of keeping consumer price increases…
European Central Bank - Annual Report 2004
The ECB published its Annual Report for the year ended 2004 on Tuesday. Lucas Papademos said there should not be any negative economic consequences from the loosening of the stability and growth pact's fiscal policy rules if the reformed pact is…
ECB's Tumpel-Gugerell on payment systems
In a speech on 'The need for regulatory involvement in the evolution of payment systems' given on 25 April Gertrude Tumpel-Gugerell of the ECB said euro zone banks are moving too slowly on the integration of payment systems, which would allow consumers…
Bini Smaghi wins MEPs' backing for ECB post
The Economic and Monetary Affairs Committee has approved the nomination of Lorenzo Bini Smaghi to the Executive Board of the European Central Bank. At the end of a confirmation hearing on 19 April, committee members voted by 16 in favour to 2 against…
ECB's Tumpel-Gugerell on EU-China relations
In the speech 'The next dimension for EU-China relations' given on 19 April, Gertrude Tumpel-Gugerell of the ECB said Chinese action on foreign exchange is "crucial for the adjustment of global imbalance".
ECB's Papademos on the euro and economic growth
In a speech on 'The euro and economic growth' given on 15 April, Lucas Papademos of the ECB said the structural impediments to the euro area's growth must be addressed by implementing appropriate structural measures. There are no alternative solutions…
ECB Monthly Bulletin, April 2005
The European Central Bank published its April 2005 Monthly Bulletin on Thursday 14 April, saying there are "no clear signs" that economic growth in the twelve nation euro zone is set to accelerate as record oil prices weigh on business conditions.
Fin mins concerned uneven growth may hinder ECB
Eurozone finance ministers are concerned that different growth rates among the 12 nations sharing the single currency could hamper European Central Bank policy making, a German government official told Reuters on Wednesday.
Trichet on integration in the enlarged Europe
In a speech on 'The challenges of economic and financial integration in the enlarged Europe' given on 9 April, Jean-Claude Trichet of the ECB said new European Union members should curb budget deficits not only to fulfil criteria needed to join the euro…
ECB's Trichet on the success of the euro
In a speech given on 18 March Jean-Claude Trichet of the ECB stressed that the maintenance of price stability and financial integration are key successes of the Economic and Monetary Union as well as fundamentals conditions to enhance sustainable…
ECB's Tumpel-Gugerell on policies in the new EU
In a speech on 'Monetary and financial policies in the new integrated Union' given on 9 March, Gertrude Tumpel-Gugerell of the ECB pointed out that the success of fiscal adjustment and reform crucially hinges on political and public support.
Trichet sees continued relatively moderate growth
European Central Bank president Jean-Claude Trichet told the European Parliament on Monday 14 March that he expects continued moderate eurozone growth this year and next.
ECB's Trichet on European financial integration
In a speech on 'European financial integration: the view of the ECB' given on 10 March, Jean-Claude Trichet of the ECB said the ECB attaches the utmost importance to progress in European financial integration.
ECB Monthly Bulletin, March 2005
The European Central Bank published its March 2005 Monthly Bulletin on Thursday 10 March, saying that recent weakness in euro zone economic growth is likely to prove short-lived.
Trichet: ECB ready to act on rates as necessary
The European Central Bank is ready to raise interest rates to prevent inflationary pressures building whenever that proves necessary, ECB president Jean-Claude Trichet said Wednesday in a speech.
ECB's Tumpel-Gugerell on collateral markets
In a speech on 'Integration and efficiency in collateral markets - a central bank perspective' given on 1 March, Gertrude Tumpel-Gugerell of the ECB said the introduction of the euro six years ago has accelerated the integration process in the euro area…
Publication of papers from ECB workshop
On 13 and 14 December 2004 the Directorate General Economics in co-operation with the Directorate General Research of the European Central Bank (ECB) held a workshop on "Monetary policy implications of heterogeneity in a currency area". The ECB published…
ECB's Trichet on mon. policy stability
In a speech on 'Monetary policy and private expectations' given on 25 February, Jean-Claude Trichet of the ECB said a renewed fellowship between the academic community, the markets and central banks has allowed central banks to effectively deliver the…
Interview with ECB's Padoa-Schioppa
Speaking in an interview published on Thursday 17 February, Tommaso Padoa-Schioppa of the ECB said channels of communication with Asia, and with China in particular, are open and the ECB itself has close bilateral ties with the Chinese monetary…
ECB's Liebscher says rates need not increase
European Central Bank council member Klaus Liebscher said in an interview he sees no reason to increase interest rates as a "weak" labour market helps bring down inflation.
ECB's Gonzalez-Paramo on financial integration
In a speech on 'Financial integration and economic growth. Lessons from the European experience' given on 28 January, Jose Manuel Gonzalez-Paramo of the ECB said in effectively promoting financial integration, Europe has shown that public policies can…
Wellink says Asia can't maintain dollar buying
Asian central banks cannot continue buying up US dollars forever and the US will have to take action to cut its budget deficit, European Central Bank governing council member Nout Wellink said on Wednesday 26 January.
ECB's Trichet on communication and transparency
In a speech on 'Communication, transparency and the ECB's monetary policy' given on 24 January, Jean-Claude Trichet of the ECB said hinted that a rise in eurozone interest rates was not likely in the immediate future, despite a pick-up in inflation as a…