Euro
Research pinpoints critical frequencies
The Bank for International Settlements has found critical frequencies for sampling some of the key economic indicators.
Bernanke spooks markets with bank failure warning
The dollar hit a record low against the euro after Ben Bernanke, the chairman of the Federal Reserve, warned that small banks could fail in the coming months.
Czech deputy counters interference claims
Miroslav Singer, a vice-governor at the Czech National Bank (CNB), has rebuffed claims that the Vaclav Klaus, the country's president, is compromising the institution's independence.
Poland targets ERM-2 by 2011
Marian Noga, a member of the ten-strong council of the Polish central bank, said on Monday that Poland should join the ERM-2 exchange rate mechanism in 2011.
The choice of currency for oil invoicing
This paper by Elitza Mileva and Nikolaus Siegfried, which forms one of an occasional series from the European Central Bank, examines the possibility and impact of pricing oil in euro.
Czechs move a step closer to readying new act
The Czech National Bank has made further progress on its new central bank law.
Convergence rules best route to euro-adoption
The structured convergence process towards euro adoption provides the best guarantee for a smooth inclusion and a mutually beneficial life in the monetary union, Jurgen Stark, a member of the European Central Bank's executive board, said.
Czech president approves potential replacements
Vaclav Klaus, the president of the Czech Republic, has said that two names suggested in the media as potential replacements for outgoing central bank deputy, Ludek Niedermayer, would be suitable candidates.
Europe's single payments area goes live
Eurozone banks and customers received a boost on Monday as the Single Euro Payments Area (SEPA) went live.
ECB should discuss inflation disparities
The divergence between actual eurozone inflation and that perceived by the public in a number of euro area countries represents a communication challenge for the European Central Bank, says Lucas Papademos, the vice-president.
Decision supports ECB on counterfeit check
The European Central Bank (ECB) won backing from a French court on Wednesday for the right to use a method to detect fake notes.
ECB ready to act as inflation stays high
Jean-Claude Trichet, the president of the European Central Bank (ECB), said on Saturday that the rate-setting governing council was ready to act to control rising prices after figures published Friday showed euro-area inflation stayed at 3.1%.
Euro makes rapid progress in Cyprus and Malta
Euro banknotes already account for 50% of the total in circulation in both Malta and Cyprus, the two Mediterranean islands that adopted the single currency on Tuesday.
ECB could hike rates, says Orphanides
The European Central Bank's rate-setting governing council will not rule out raising interest rates, Athanasios Orphanides, a member of the council and governor of the Central Bank of Cyprus, said on Thursday.
Cyprus and Malta join eurozone
The eurozone became a little larger on Tuesday as Cyprus and Malta, two Mediterranean islands, adopted the single currency.
Cyprus cuts rates before eurozone entry
The Central Bank of Cyprus's rate-setting board on Friday unexpectedly slashed rates by 50 basis points to 4% to match the European Central Bank's benchmark rate.
Interbank rates edge down again
Money market tensions eased further on Friday, signalling that the joint action announced by five of the most powerful central banks last week is having some impact in narrowing spreads between interbank and central banks' benchmark rates.
Joint action lessening interbank spreads
In a sign that central banks' concerted action aimed at easing money market tension is doing just that, banks' borrowing costs fell further on Thursday.
Central bank injections reduce borrowing costs
Central banks' attempts to narrow the spread between their benchmark and money market rates by offering funds at attractive costs have met with some success.
Rock raises lender of last resort issue for EU
One important aspect of the Northern Rock crisis in the UK has been to make market participants wonder what would happen if a similar-sized institution got into difficulties in a small or medium-sized EU member state.
Cyprus holds rates at 4.5%
The Central Bank of Cyprus's rate-setting monetary policy committee voted on Monday to keep its benchmark rate at 4.5% in its last scheduled decision.
Eurozone growth stat charts biggest fall this year
A measure of the economic outlook in the euro area indicated on Thursday that growth in the region slowed sharply in November.
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…
Transition economies set for inflation dilemma
Central and Eastern European economies may have to face steep sacrifice ratios in order to keep inflation within the target range for euro accession, says Kryzsztof Rybiski, the deputy president of the National Bank of Poland.