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.

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.

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.

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.

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.

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…

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.

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