Germany

Speech by Wim Duisenberg, ECB President, 24 July

SPEECH - On receiving an award, the Grand Cross 1st class of the Order of Merit of the Federal Republic of Germany, Duisenberg said "this expression of confidence makes the responsibility I am bearing as President of the ECB indeed feel somewhat lighter".

ECB Press Release

PRESS RELEASE - Publication of "Measurement issues in European Consumer Price Indices and the conceptual framework of the HICP", 22 July.

Deutsche Bundesbank Monthly Report, June 2002

REPORT - Germany's central bank has published its Monthly Report for June 2002. The report says the stabilising of the German economy as a whole led into a slight recovery in the first quarter of this year but that the upturn in the first quarter was not…

Trichet affair could hurt euro, says EC president

GERMANY - European Commission president Romano Prodi said in a newspaper interview Saturday that the legal problems of French Central Bank Governor Jean-Claude Trichet, tipped to become the next head of the European Central Bank (ECB), could pose a…

Euro did cause price prices - Eurostat

GERMANY - The changeover to euro banknotes and coins might have added as much as 0.2 percentage points to eurozone inflation in the first half of this year, Eurostat, the European Union's statistical agency, said on Wednesday.

Speech by T Padoa-Schioppa of the ECB, 10 July

SPEECH - In a speech titled 'EU structures for financial regulation, supervision and stability' to the Committee on Economic and Monetary Affairs of the European Parliament, Padoa-Schioppa said "intellectually" a single, pan-European financial services…

ECB Monthly Bulletin, July 2002

REPORT - The European Central Bank published its July 2002 Monthly Bulletin on 11 July. The ECB reiterated its current wait-and-see stance on interest rates, saying inflation remained a concern but mixed signals about the state of the euro zone economy…

Trichet backed as Duisenberg's successor at ECB

GERMANY - Edmund Stoiber, currently leading to race to become German chancellor, issued strong backing for Bank of France governor Jean Claude Trichet as the best successor to Wim Duisenberg as European Central Bank president. Paris prosecutors recently…

ECB won't discuss freeing up for ex reserves

GERMANY - Central bank reserves of foreign currency which have been seen as one answer to the Government's public finance problems are not up for discussion, the European Central Bank said Friday.

Speech by Fed Reserve Governor Ed Gramlich, 5 July

SPEECH - In a speech to the International Research Forum on Monetary Policy Gramlich said that central banks could use more research to help address certain policy questions, including those related to specific currency regimes and the short-run impact…

ECB holds rates steady

GERMANY - The European Central Bank's governing council decided on Thursday to leave the eurozone's benchmark interest rate unchanged at 3.25 per cent.

Germany clears way for new bank rules

GERMANY - The major remaining barrier to a global shake-up of bank reserves has been removed after the German government agreed to a politically-sensitive compromise over lending to small companies.

Speech by Wim Duisenberg, ECB President, 2 Jul

SPEECH - Duisenberg said in his introductory statement to the European Parliament "I have seen some worrying developments in fiscal policy in some countries in the last few months," adding that it was vital that all countries had their budgets close to…

ECB Press Release

PRESS RELEASE - Publication of papers of the workshop 'The role of policy rules in the conduct of monetary policy', 1 July.

Eurosystem currency reserves up by 1.3bn eur

GERMANY - The ECB said eurosystem net foreign currency reserves rose 1.3bn eur to 257.6bn in the week ending June 21. The rise was due to an increase of 3.7bn eur in receivables from the IMF, whereas other holdings in foreign currency decreased by 2.5bn…

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