Spain

Eurozone inflation to end yr above 2% says Caruana

SPAIN - Jaime Caruana, governor of the Banco de Espana and member of the ECB board said that inflation in the euro zone this year has been worse than expected. Although he said that it would be difficult to assess where it would head in the medium term,…

Speech by Jaime Caruana, Banco de Espana, 14 June

SPEECH - The governor of the Banco de Espana addresses the governing council of the central bank on the presentation of the annual report, 14 June. He reviews the progress of the Spanish economy in the past year and the challenges it has faced, and…

Eurozone economy to grow 2.5% at year-end

SPAIN - The rate of economic recovery in the eurozone is unclear but the economy should probably be growing at about 2.5 per cent at the end of this year, European Central Bank (ECB) vice-president Christian Noyer said on Sunday.

ECB job decision seen moving into April

SPAIN - The next vice president of the European Central Bank is likely to be picked in mid-April with still only two candidates in the race at the end of the first day of a European Union summit in Barcelona.

ECB's Issing points to signs of recovery

SPAIN - Otmar Issing, the chief economist of the European Central Bank, said in an interview "the first signs of recovery are now appearing, but we still have to see what will be its scale. And we cannot rule out that it will end up being stronger than…

Rojo: Keynesian policies are no longer an option

SPAIN - Perhaps the most influential economist in Spain in recent times, Luis Angel Rojo has devoting most of his professional career to servicing the Spanish economy in the country's central bank, the Bank of Spain. In an interview with El Pais…

ECB: Monetary conditions not hindering growth

SPAIN - Current monetary conditions in the euro zone aren't hindering growth, European Central Bank executive board member Eugenio Domingo Solans said Wednesday, echoing similar remarks made recently by other ECB Governing Council members.

ECB board members defend interest rate cut

SPAIN - European central bankers on 31 August said the ECB's decision to cut interest rates was based on receding inflationary pressures and rejected criticism the bank had waited too long to stimulate the Continent's flagging economy.

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