Euro
A new role for the Bank of Greece
According to this article from Kathimerini, published Tuesday 20 March, the Bank of Greece is looking for a purpose following the launch of the euro single currency.
Slovakia on track for 2009 euro says IMF
Slovakia is very likely to meet euro entry criteria in time to adopt the single currency as planned in 2009, the International Monetary Fund said Tuesday 13 March.
Serbian cb chief says inflation under control
Head of the National Bank of Serbia (NBS) Radovan Jelasic said on Sunday 11 March public spending would not cause a hike in prices.
ECB policy on 'accommodative side' says Weber
Bundesbank president Axel Weber said Friday 9 March the European Central Bank's monetary policy remains "on the accommodative side" even after Thursday's rate hike.
On welfare benefits of an international currency
This IMF Working Paper assesses the welfare benefits associated with the international use of a country's currency.
Public finances 'an obstacle' to Czech euro bid
The current state of the Czech Republic's finances is an obstacle to the country switching to the euro, a top official at the Czech central bank (CNB) said in an interview published Friday 2 March.
Romania not rushing on euro entry - report
Romania will resist European Central Bank advice to bring forward its target date for adopting the euro, opting instead for a more cautious path towards the single currency, the Financial Times reported Friday 2 March, citing central bank governor Mugur…
ECB's Trichet on governance and convergence
In the speech 'Governance and convergence: the state of play in the euro area' given on 28 February Jean-Claude Trichet of the ECB said the bank's monetary policy must be credible in ensuring price stability.
Bini Smaghi on the governance of the euro area
In the speech 'The governance of the euro area (eight years on)' given on 27 February Lorenzo Bini Smaghi of the ECB said eurozone finance ministers should exercise greater discipline in their comments on exchange rates.
ECB's Wellink says euro economy good, rates low
European Central Bank governing council member Nout Wellink said on Tuesday 27 February that eurozone interest rates were still low but oil prices are clouding the inflation outlook.
Iceland's Fridriksson on monetary policy
In the speech 'Monetary policy and its implementation' given on 20 February Ingimundur Fridriksson of the Central Bank of Iceland said the central bank has already stated its view that adopting the euro would be imprudent except by joining the EU.
Czech euro adoption 2012 likely - fin min
The Czech Republic could realistically adopt the euro in 2012, the Finance Ministry announced Wednesday 21 February, according to Prague Daily Monitor.
ECB's Tumpel-Gugerell still sees SEPA from Jan 08
European Central Bank board member Gertrude Tumpel-Gugerell said Tuesday 20 February the plan for a single euro payments area (SEPA) is still on track to begin operations from 1 Jan next year, despite disputes over organising cross-border operations.
ECB's Quaden says yen, yuan weak v euro
The Japanese yen and the Chinese yuan are undervalued against the euro, European Central Bank governing council member Guy Quaden said Thursday 15 February.
Malta may apply for euro accession in March
Malta will file its formal request for accession to the eurozone in the first two weeks of March, The Times of Malta reported Wednesday 14 February.
Zalm says French on their own over ECB
Outgoing Dutch finance minister Gerrit Zalm said in an interview published Wednesday 14 February that no other eurozone countries share France's wish for politicians to exercise more control over the European Central Bank.
EU's Almunia says 'no problem' for exchange rates
Current exchange rates, mainly the value of the euro against the yen, pose no threat to the economy, the EU's Commissioner for Economic and Monetary Affairs Joaquin Almunia said in a magazine interview Tuesday 13 February.
Czech fin min to submit euro adoption plan soon
Czech finance minister Miroslav Kalousek will submit a national euro adoption plan to the cabinet in March, he told the daily Lidove noviny LN on Saturday 3 February.
NBP's Skrzypek sees 2012-2013 euro adoption
In an interview published in Sunday 4 February's issue of Wprost, National Bank of Poland head Slawomir Skrzypek announced that it will be at least five years before Poland adopts the euro.
NBP says Poland to join euro when best for country
President of the National Bank of Poland (NBP) Slawomir Skrzypek said on Wednesday 31 January that Poland would join the eurozone if the move proves profitable.
Reforming China's exchange rate policy
This Working Paper from the University of Venice is aimed at analysing the decision of the Chinese central bank to reform the exchange rate of the national currency and to gauge the effects of this change in regime on the Chinese economy and the world…
Slovene president defends Gaspari nomination
Slovenia's president Janez Drnovsek has defended his decision to nominate Mitja Gaspari for a second term as central bank governor. "His contribution to the development of the Slovenian financial system is great," Drnovsek told POP TV on Sunday 28…
ECB's Trichet sees risk of inflation spiral
European Central Bank president Jean-Claude Trichet told French television there is a risk of an increase in inflation in the eurozone and noted that ECB rates are well below those of the US Fed.
Poland's Rybinski on the euro adoption
In the speech 'The euro adoption - assessing benefits and costs' given on 17 January Krzysztof Rybinski of the National Bank of Poland discusses selected aspects of the cost-benefit analysis of Poland's adoption of the euro.