Eurozone
ECB's Stark on financial globalisation
In the speech 'Financial globalisation: Economic policies in a new era' given on 17 July Jurgen Stark of the ECB said the risk of a disorderly unwinding of global imbalances is rather low.
Juncker says ECB not only one concerned on rates
The exchange rate policy is not the exclusive domain of the European Central Bank, the head of the Eurogroup Jean-Claude Juncker said in a newspaper interview published Thursday 20 July.
Tumpel-Gugerell on the Retail Banking Sector
In the speech 'Preliminary findings of the Retail Banking Sector Inquiry' given on 17 July Gertrude Tumpel-Gugerell of the ECB said called for progress on the integration of the EU's retail bank markets.
ECB's Bini Smaghi on global imbalances
In the speech 'European and Asian perspectives on global imbalances' given on 14 July Lorenzo Bini Smaghi of the ECB said for the euro area, Asia has now become a more important trade partner than the US.
ECB Monthly Bulletin, July 2006
The European Central Bank published its July 2006 Monthly Bulletin on Thursday 13 July. In the report the ECB said it is exercising strong vigilance on inflation risks and expects interest rates to rise progressively if the euro zone economy continues to…
Slovenian euro coin production begins
EU finance ministers on Tuesday 11 July gave Slovenia a final formal go-ahead for the country's entry to the eurozone as of January 2007.
Trichet says financial integration 'major goal'
European Central Bank president Jean-Claude Trichet said Tuesday 11 July financial integration is a key goal for the ECB as it will help boost growth and absorb shocks.
President of the Slovak Republic visits ECB
The President of the Slovak Republic, HE Ivan Gasparovic, visited the European Central Bank (ECB) on Monday 10 July.
Juncker says ECB 'pointing' to rate rise
Euro group president Jean-Claude Juncker said Monday 10 July the European Central Bank has been signalling that it will raise interest rates again before long.
Papademos on price stability & financial stability
In the speech 'Price stability, financial stability and efficiency, and monetary policy' given on 7 July Lucas Papademos of the ECB said transparency in monetary policy is important for financial stability and financial efficiency.
ECB considers new securities settlement service
The European Central Bank said Friday 7 July it is considering setting up a new service for securities settlement in the eurozone. Through the new system, the ECB said it aims for synergies and harmonized settlement of securities transactions in the euro…
Tumpel-Gugerell on European financial integration
In the speech 'European financial integration and the financial system' given on 6 July Gertrude Tumpel-Gugerell of the ECB said economic growth and prosperity was one of the main goals for the establishment of the European Union. The next hurdle is now…
Garganas on regional financial stability
In the speech 'Regional financial stability around the Eurozone' given on 1 June Nicholas Garganas of the Bank of Greece said it is important to recognize that, as the financial systems of South-Eastern European countries are liberalized and their…
Trichet gives strong hint on August rate rise
European Central Bank president Jean-Claude Trichet said Thursday 6 July that the ECB governing council will meet in person on 3 August rather than by teleconference, as it normally does for its early August policy meeting.
Comment: The ECB's gamble
The president of the ECB, Jean-Claude Trichet, has announced that the central bank will take the highly unusually step of meeting in person on 3 August, rather than conduct the scheduled conference call. In doing so, Trichet has effectively pre-announced…
ECB paper on financial stability challenges
The ECB Occasional Paper 'Macroeconomic and financial stability challenges for acceding and candidate countries' reviews macroeconomic and financial stability challenges for acceding (Bulgaria and Romania) and candidate countries (Croatia and Turkey).
Comment: All eyes on Trichet
All but two of the 43 economists polled by Bloomberg recently expect the European Central Bank (ECB) to keep interest rates at 2.75% this week. All eyes will, however, be on the central bank's president, Jean-Claude Trichet, to see if he alludes to the…
Trichet on further integrating euro area economies
In the speech 'Further integrating euro area economies: some reflections' given on 29 June Jean-Claude Trichet of the ECB said the economic and financial environment is changing and euro area countries are becoming progressively more interdependent.
Transparency, expectations, and forecasts
In 1994 the FOMC began to release statements after each meeting. This ECB Working Paper investigates whether the public's views about the current path of the economy and of future policy have been affected by changes in the Federal Reserve's…
ECB paper on the Stability and Growth Pact
A year on from the SGP reform, the ECB Occasional Paper "The reform and implementation of the Stability and Growth Pact" takes stock of how the EU fiscal rules have evolved.
Euro membership not good for all, study says
According to this article published Monday 26 June, a new report from the CEPR claims Britain and other European economies have little to gain from adopting the euro now.
ECB 'permanently alert' says Trichet
European Central Bank president Jean-Claude Trichet said in an interview published Tuesday 27 June the ECB governing council is "permanently alert" and ready to act to counter inflation risks.
Garganas says ECB may aggressively raise rates
European Central Bank council member Nicholas Garganas said in an interview the bank is ready to accelerate the pace of interest-rate increases to counter higher inflation risks in the eurozone.
ECB keeping rate options open says Quaden
The European Central Bank is not ruling out the possibility of an interest rate hike in early August, ECB governing council member Guy Quaden was quoted as saying in an interview published Monday 26 June.