Greece
Greek cbank says no sales of euros to restructure
Greece's central bank said on Feb. 9, 2001 that it had not been selling euros as part of a restructuring of its foreign reserves but that some payment in foreign exchange had been made on behalf of the Greek government. "All these rumours that the Bank…
Greek cenbank demands tight budget, wage policy
Bank of Greece Deputy Governor Nicholas Garganas said in a newspaper interview on Thursday that Greece should continue its tight fiscal and wage policy to help bring down inflation.
Greek EMU entry may boost euro M3 growth-CSFB
Greek membership of the euro next year could make a significant impact on euro zone money supply growth, according to researchers at Credit Suisse First Boston.
Duisenberg comments on Greek EMU entry
European Central Bank president Wim Duisenberg made the following comments at a news conference on Thursday concerning Greece's entry into the eurozone: "It is indeed an historic moment and a very satisfying and gratifying moment."
Risk of Greek economy overheating-Deutsche Bank
Monetary loosening ahead of Greece's entry into the Eurozone is combining with strong private sector investment activity to risk the Greek economy overheating, according to Deutsche Bank.
Bank of Greece sees lower inflation, wants reforms
Greece's central bank said on Wednesday inflation should drop below 3% in the second half of 2001 but called for faster structural reforms to improve competitiveness once the country enters the Eurozone.
Stiffer tests for future Eurozone members -Welteke
Ernst Welteke, president of the Bundesbank, has raised concerns about whether the countries preparing to join the European Union in the next few years would be ready to become members of the EU's single currency.
Greek banks to meet ECB reserve regulations
The Bank of Greece said on Friday that effective from 1 January 2001 Greek banks will have to meet European Central Bank regulations on their required reserves.