France
Bank of France New York office escapes the horror
UNITED STATES - CentralBankNet has today, Wednesday 12 Sep, discovered that the Banque de France, France's central bank, representative office in New York avoided the devastation at the World Trade Center.
Kohler says IMF may look again at 'Tobin tax'
GERMANY - Horst Kohler, the International Monetary Fund's managing director, on Monday acknowledged recent calls by political leaders in Germany and France for more detailed discussions on how better to control international capital markets.
Trichet unveils Bank of France euro info campaign
FRANCE - Bank of France Governor Jean-Claude Trichet Wednesday 5 Sep unveiled the French leg of a euro-zone-wide campaign to publicise the switchover to euro notes and coins at the beginning of 2002.
The stability-oriented monetary policy of the ECB
SPEECH - Luncheon speech by Christian Noyer, Vice-President of the European Central Bank, at the conference organised by HSBC CCF Securities, Paris, 6 September.
Noyer: New Rate Level In Line With Price Stability
FRANCE - European Central Bank Vice President Christian Noyer Thursday 6 Sep hailed the euro's strengthening trend over the past several weeks, while at the same time downplaying its fall back below $0.90 this week.
High-value euro notes spark concern
FRANCE - Carrefour, the large French-based retail group, yesterday urged only small-scale distribution of high-denomination euro notes in the first months after the January 1 changeover to euro notes and coins, claiming the move would minimise confusion…
Bank of France - Annual Report 2000
ANNUAL REPORT - The Bank of France has published its Annual Report for the year ended 2000.
Bank of France to cut jobs at banknote facilities
FRANCE - The Bank of France yesterday informed unions of 494 job cuts by 2005 in its banknote production units. The plan, aimed at bringing down the cost of banknote production to improve competitiveness, mainly affects facilities at Chamalieres and Vic…
German and French central bankers back strong euro
EUROPE - French and German central bankers have reacted to sharp rises in inflation within the euro-zone by reaffirming their support for a stronger euro and expressing confidence about the longer-term inflation outlook.
Trichet says there are no divisions on ECB council
FRANCE - Bank of France governor Jean-Claude Trichet said on 12 June that the governing council of the European Central Bank spoke with one voice and had no real difference of opinion with eurozone finance ministers.
Duisenberg doing very good job - ECB's Mersch
LUXEMBOURG - European Central Bank council member Yves Mersch said that ECB President Wim Duisenberg's performance at the bank's helm had been 'very good' and that talk of his retirement was premature.
Supereconomies face clashes
EUROPE - Central bank politics is assuming an intriguing role in attempted reversal of the slowdown of the US economy and spreading effects on other parts of the world.
Inflation fears lower rate cut hopes
EUROPE - Prospects for an early reduction in interest rates by the European Central Bank receded further yesterday as higher than expected German inflation figures were announced.
Bank of France sees Q1 consumer spending rebound
FRANCE - French consumer spending, seen as the nation's best buffer against the impact of international economic slowdown, is believed to have rebounded in the first quarter of 2001, the Bank of France said on Apr 23.
Trichet says ECB immune to rate cut pressures
FRANCE - The European Central Bank will not and should not be influenced by outside pressures for a cut in interest rates, Bank of France Governor Jean-Claude Trichet said on Apr 12, 2001.
France backs Trichet, but Lemierre in wings-paper
FRANCE - Bank of France Governor Jean-Claude Trichet remains France's choice to succeed Wim Duisenberg as president of the ECB, but another Frenchman Jean Lemierre is an "option," French finance ministry sources told Les Echos.
Central banks unlikely to sell gold-BoF forex head
FRANCE - The world's central banks, which hold about 35,000 tonnes of gold, were unlikely to be big sellers, Herve Ferhani, the Bank of France's head of gold and foreign exchange, said on Apr 9, 2001.
Trichet casts doubt over ECB rate cut on Apr 11
EUROPE - Following a Franco-German meeting of finance ministers and central bankers, fresh doubt was cast on the prospects for an interest rate reduction when the ECB next meets on Apr 11, 2001.
Gaspari - Slovenia's new central bank governor
SLOVENIA - On Apr 1, Mitja Gaspari begins a six year term as governor of the Bank of Slovenia, replacing France Arhar, who headed the central bank for 10 years.
Outgoing Slovenia c.banker warns against inflation
SLOVENIA - Slovenia's outgoing central bank governor France Arhar said on Mar 28, 2001 the country should limit the growth of wages to battle high inflation.
Central banks key to financial stability-BOI, BOF
The internationalisation of institutions and financial activities has heightened the importance of national central banks in ensuring financial stability, the governors of the Bank of Italy and Bank of France said in separate speeches on Mar 9.
Bank of France denies euro printing problems
The Bank of France on Mar 5, 2001 denied a senior politician's claim that France might not print its full quota of euro banknotes by the time the single currency goes into circulation on January 1, 2002.
Fabius cool to idea of ECB counterweight - paper
French Finance Minister Laurent Fabius has distanced himself from suggestions there should be an "economic government" for the euro zone to form a counterweight to the European Central Bank, according to a newspaper interview published on Mar 2, 2001.
ECB says output of euro banknotes is on schedule
The European Central Bank insisted that production of euro banknotes is on schedule, rejecting a newspaper report that said printing problems could leave European nations short for the introduction of the notes on Jan. 1, 2002.