Luxembourg
EU and China agree measures on "severe" movements
A meeting between Jean-Claude Trichet, the president of the European Central Bank, and his Chinese counterpart, Zhou Xiaochuan, has resulted in the People's Bank of China saying it will co-operate with the EU to avoid "severe" fluctuations in exchange…
Liquidity risk is top issue: Luxembourg's Mersch
In the wake of the recent banking crisis, the most important regulatory issue is ensuring that the liquidity risk relating to complex structured products is adequately assessed, according to Yves Mersch, the governor of the Central Bank of Luxembourg.
Strong dollar message "very important": Trichet
Jean-Claude Trichet, the president of the European Central Bank, said it was "very important" that the US underlined its message that a strong dollar was in the US national interest.
Central Bank of Luxembourg - Annual Report 2006
Inflation in Luxembourg increased for the third consecutive year in 2006.
Bank of Slovenia joins Central Bank Gold Agreement
The central bank of Slovenia has joined the Central Bank Gold Agreement which limits gold sales by central banks, the European Central Bank said Friday 22 December.
'Still low' says Mersch on ECB rates
Luxembourg central bank governor Yves Mersch said Wednesday 13 December the European Central Bank's interest rates are "still low".
Central Bank of Luxembourg - Annual Report 2005
According to the Central Bank of Luxembourg's Annual Report 2005, HICP inflation in Luxembourg averaged 3.8% in 2005, which represents an increase of 0.6 percentage point compared with the previous year.
Eurozone's Juncker wants end to Trichet spat
Eurozone finance ministers and the European Central Bank should end their public spat, Luxembourg's Prime Minister Jean-Claude Juncker said in an interview published in The Financial Times.
Mersch - ECB to raise rates if growth as expected
European Central Bank monetary policy remains accommodative and should be tightened further if the eurozone economy grows as expected, ECB Governing Council member Yves Mersch said on Thursday 7 September.
Mersch on monetary policy-making in the euro area
In the speech 'Monetary policy-making in the euro area' given on 28 June Yves Mersch of the Central Bank of Luxembourg said since the introduction of the euro, inflation rates averaged slightly more than 2% in the euro area.
Juncker issues icy reply to Trichet
Jean-Claude Trichet, the European Central Bank president, has been sharply criticised by Jean-Claude Juncker, Luxembourg's prime minister, in an interview with Financial Times Deutschland, for refusing to discuss strengthening economic co-operation…
New global note arrangement for debt securities
The ECB confirmed Monday 12 June that the so-called New Global Note (NGN) arrangement for international debt securities is in compliance with the Eurosystem's Standards for the use of EU securities settlement systems in ESCB credit operations.
Mersch says ECB ready to raise rates again
With inflationary pressures evident in the eurozone, the European Central Bank stands ready to raise interest rates again whenever necessary, Governing Council member Yves Mersch said at the presentation of the Luxembourg central bank's annual report.
ECB's Mersch sees inflation risks from oil
European Central Bank council member Yves Mersch said in an interview he is concerned about a surge in liquidity and oil prices pushing up inflation.
Mersch says ECB ready to act when necessary
The European Central Bank has not determined what or when its next move will be, but would act if it felt the need to raise rates again, ECB Governing Council member Yves Mersch told a German newspaper.
ECB's Mersch says eurozone tax harmony not needed
Eurozone members aren't obliged to harmonize taxation practices as this isn't part and parcel of European Monetary Union, Luxembourg Central Bank Governor Yves Mersch said on Friday 2 December.
Eurogroup head criticises ECB rate rise plan
An interest rate increase by the European Central Bank is unnecessary, Jean-Claude Juncker, prime minister of Luxembourg said on Monday 28 November.
ECB's Mersch warns on inflation effect from oil
European Central Bank council member Yves Mersch said in an interview on Wednesday 28 September that oil prices at current levels risk boosting wages and feeding inflation.
Mersch sees threat to prices from oil
ECB Governing Council member and Luxembourg central bank governor Yves Mersch has said high oil prices are still pushing up inflation.
Central Bank of Luxembourg - Annual Report 2004
The Central Bank of Luxembourg has published its Annual Report for the year ended 2004. Growth in the euro zone is expected to pick up towards the end of 2005, according to the annual report.
Luxembourg's Mersch indicates unchanged ECB rate
European Central Bank Governing Council member and Luxembourg central bank president Yves Mersch indicated in an interview the ECB will keep its key rates unchanged despite higher oil prices.
Luxembourg sees limited manoeuvre on ECB rate
The central bank of Luxembourg said in its latest financial stability report that it sees a "limited margin of manoeuvre" on European Central Bank interest rates.
EU's Juncker supports US comments on deficit
Luxembourg Prime Minister Jean-Claude Juncker said in a television interview Wednesday that U.S. pledges to reduce its budget deficit are a step in the right direction.
Juncker says stability pact changes to be limited
Euro group president Jean-Claude Juncker said at the weekend that reform of the EU stability pact will be limited and will not harm economic stability.