Euro
Eurozone inflation surges to 4%
Euro-area annual inflation is expected to have soared to a fresh high of 4% in the year to June, data released Monday revealed.
Slovakia faces up to inflation threat
Ivan Sramko, the governor of the National Bank of Slovakia, details how the authorities are tackling the threat of inflation in the run up to euro accession and beyond
The determinants of euro's global currency role
A research note from Deutsche Bank finds four factors that would lead to a rise in the use of the euro as an international currency by 2010.
Runaway Eurozone inflation hits fresh high
Annual inflation in the euro area surged in May to a record high of 3.7%, up from 3.3% the previous month.
Real convergence and EU growth
An occasional paper from the European Central Bank focuses on real convergence and its determinants in candidate and potential candidate countries for joining the euro.
CNB's Tuma suggests approaches to euro adoption
Zdenek Tuma, the governor of the Czech National Bank, has outlined two possible strategies for euro adoption.
Don't stall on euro decision: ex-CNB deputy
Ludek Niedermayer, a former deputy governor at the Czech National Bank, has warned the government against pursuing a wait-and-see strategy on joining the eurozone, describing such behaviour as "a little bit cowardly".
ECB's TARGET Annual Report 2007
In 2007, use of TARGET, a large-value payment system in the euro area, surged in terms of both volume and value of transactions business, the annual report on the system states.
Denmark values euro's stabilising powers
The existence of the euro has been an advantage to the Danish economy during the current financial crisis, said Nils Bernstein, the governor of the National Bank of Denmark.
ECB Annual Report 2007
The third enlargement of the euro area, which took place on 1 January 2008 when Cyprus and Malta adopted the single currency, occurred in a smooth and efficient manner, Jean-Claude Trichet, the president of the central bank said in his introduction to…
ECB comments push euro to fresh high
The euro surpassed the $1.60 mark for the first time in its history after European Central Bank (ECB) officials said they would act to contain rising inflation.
Trichet on the euro's success
A high level of central bank credibility has ensured that the creation of the euro has been a success story, Jean-Claude Trichet, the president of the European Central Bank (ECB), said.
Eurozone must avoid price spiral: France's Noyer
Christian Noyer, the governor of Banque de France, warned policymakers that the current wave of above-target inflation must not lead to a price and wage spiral.
Serbia's Jelasic praises SEPA
The Single Euro Payments Area (SEPA), a eurozone-wide payments initiative, is an excellent example of how technology can be used to facilitate development of the financial sector, said Radovan Jelasic, the governor of the National Bank of Serbia.
Estonia's Ross urges fiscal caution
Tallinn must pursue a frugal fiscal policy to ensure it meets the Maastricht criteria for euro adoption, said Marten Ross, a deputy governor at the Bank of Estonia.
The euro and Latin America
Lorenzo Bini Smaghi, a member of the executive board of the European Central Bank, offered five lessons that can be learned from economic and monetary union in a recent speech in Brazil.
Iceland makes emergency hike as krona plummets
The Central Bank of Iceland raised rates by a massive 125 basis points to 15% on Tuesday 25 March, little over a fortnight before its next scheduled rate-setting meeting.
Money matters in the US and euro area
A new paper from the Bank of Spain provides structural estimates for money and the natural rate of interest for the United States and the euro area.
Markets rise on back of joint action
Global equity markets have surged following five of the world's most powerful central banks' announcement of their latest coordinated initiative on Tuesday.
Trichet notes exchange-rate instability fears
Jean-Claude Trichet, the president of the European Central Bank (ECB), has acknowledged that he is concerned about exchange rate volatility given the current value of the euro.
EU's Barroso notes concern over euro's strength
Jose Manuel Barroso, the president of the European Commission, has acknowledged that the euro is now worryingly strong.
Czech's Tuma predicts currency depreciation
Zdenek Tuma, the governor of the Czech National Bank, has said that he expects recent gains in the koruna to be corrected.
Money growth data helps predict inflation
Money growth statistics can be used to more accurately forecast inflation in the euro area, a new International Monetary Fund paper finds.
Strauss-Kahn complains of "overly powerful" ECB
Dominique Strauss-Kahn, the managing director of the International Monetary Fund, has said that the lack of a political counterweight for the European Central Bank (ECB) has made the institution too powerful.