European Central Bank (ECB)

Speech by Sirkka Hamalainen of the ECB, 30 May

SPEECH - In a speech titled 'The role of the euro in global capital markets' Hamalainen described the euro as a global currency and said that the aim and goal of the Eurosystem should be to strengthen the integration and economic performance of the EU…

ECB Working Paper

RESEARCH - Modelling the daily banknotes in circulation in the context of the liquidity management of the European Central Bank by Alberto Cabrero, Gonzalo Camba-Mendez, Astrid Hirsch and Fernando Nieto, May 2002.

Speech by Eugenio Domingo Solans, ECB, 24 May

SPEECH - In a speech titled 'Monetary integration in Europe: some past and present experiences' Solans says that one conclusion we can draw from the European experience is that full monetary integration is the final result of a long process of previous…

ECB Press release

PRESS RELEASE - Seminar of the Eurosystem and Latin American central banks held in Madrid on 23 and 24 May 2002, 24 May.

ECB Convergence Report 2002

REPORT - The European Central Bank (ECB) publishes today its Convergence Report 2002, which examines whether Sweden has achieved a high degree of sustainable convergence, as well as the compatibility of its national legislation with the Treaty…

Speech by T Padoa-Schioppa of the ECB, 20 May

SPEECH - In a speech titled 'Self vs. public discipline in the financial field' and made on 20 May (but only just published) Padoa-Schioppa discussed the evolution of the methods of financial regulation towards using industry standards and process…

Europeans aim for joint rate rises

UK - Europe's central banks are set to raise interest rates simultaneously on 6 June, say leading economists. The Bank of England, the European Central Bank and the Swedish Riksbank are likely to hike rates at their respective policy-making meetings in…

Speech by Wim Duisenberg, ECB President, 9 May

SPEECH - The European Central Bank president was in Aachen, Germany, today to receive the annual international Charlemagne prize. But Duisenberg's aides rush to make clear that Aachen's city fathers have not actually chosen an individual this year but a…

Speech by Sirkka Hamalainen of the ECB, 30 Apr

SPEECH - In the speech titled 'Consolidation in the European securities infrastructure - what is needed?' Hamalainen said that "By eliminating currency segmentation, the introduction of the euro has naturally been a major factor in the integration of…

ECB Padoa-Schioppa - 'excessive' talk on inflation

ITALY - European Central Bank board member Tommaso Padoa-Schioppa said the central bank has to monitor with attention the current level of euro-zone consumer prices which remain above 2.0 pct year-on-year, but believes it is "excessive" to describe the…

Speech by T Padoa-Schioppa of the ECB, 29 Apr

SPEECH - In the speech titled 'Competition, co-operation, public action: Three necessary drivers for European financial integration' Padoa-Schioppa expressed the benefits of the euro when saying "Market segmentation - the opposite of integration - is…

Speech by Otmar Issing of the ECB, 29 Apr

SPEECH - In a speech titled 'Monetary Policy in an Environment of Global Financial Markets' Issing said "Understanding global financial linkages is important, not least from the perspective of a central banker. Further integration of European financial…

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