Person: Wim Duisenberg

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

business

Time to adapt to a new century and stop partying like it’s 1999

A lot may have changed in the last 20 years, but in many ways, few lessons have been learned from how we lived in the late 1990s and early 2000s, writes Kyran Fitzgerald.

world

‘Father of euro’ Lamfalussy dies

business

Eurozone banking on central solution

business

Former ECB chief Duisenberg found dead

business

Market rollercoaster: Euro’s ups and downs since launch

business

Central Bank allays fears on new euro notes

Cox to receive award for services to EU peace and unity

European Parliament president Pat Cox is to receive an international award for his services to European peace and unity.

Fri, 19 Mar, 2004

Bush not worried at decline of the dollar

US PRESIDENT George W Bush’s administration is untroubled by the dollar’s decline, which may help boost sales and manufacturing jobs in an election year without an acceleration of inflation or higher interest rates.

Tue, 06 Jan, 2004

Eurobank rate remains unchanged

The European Central Bank left interest rates unchanged today as new bank president Jean-Claude Trichet presided over his first policymaking meeting.

Thu, 06 Nov, 2003

Trichet chairs first policy meeting

THE new president of the European Central Bank, Jean-Claude Trichet, chairs his first meeting of policy-makers this week.

Tue, 04 Nov, 2003

ECB head gives stark warning to EU states

EUROPEAN Central Bank President, Wim Duisenberg yesterday urged European Union finance ministers to stick to budget deficit rules, or risk a dangerous loss of confidence in monetary union.

Fri, 31 Oct, 2003

‘Ayatollah of franc’ takes reins at ECB

PRESIDENT elect of the European Central Bank, Jean-Claude Trichet’s singled mindedness on stability once resulted in him being dubbed the “ayatollah of the strong franc.”

Sat, 18 Oct, 2003

Dollar uncertainty ruffles markets

THE euro has started the week trading just below $1.18 against the dollar and Stg0.71p against sterling with activity limited due to holidays in Japan and the United States.

Tue, 14 Oct, 2003

Dollar falls to three-month low against euro

The US dollar has fallen to a three-month low against the euro, amid fears that talk of an American economic recovery has been overplayed.

Tue, 07 Oct, 2003

Rate cut by European Central Bank overdue

THE European Central Bank will meet tomorrow to assess eurozone interest rates. And it’s broadly expected that the ECB will leave their overnight refinancing rate — the rate at which they lend cash to commercial banks — unchanged at 2%, because inflation in the eurozone is currently running above target.

Wed, 01 Oct, 2003

Eurozone recovery a ‘long haul’

OUTGOING European Central Bank president Wim Duisenberg says the eurozone economy will not get into its stride before late next year and warned that currency adjustments — code for a dollar crisis — would make matters worse.

Mon, 15 Sep, 2003

France and Germany under cosh over deficit

FRANCE and Germany are expected to come under the most concerted pressure yet from other EU finance ministers over their plans to exceed the Stability Pact for a third year and face multi million euro fines.

Fri, 12 Sep, 2003

Duisenberg warns Germany, France over budget deficits

EUROPEAN Central Bank President Wim Duisenberg said Germany and France are putting economic growth and jobs at risk by flouting budget-deficit limits designed to boost confidence in the euro.

Thu, 11 Sep, 2003

ECB cancels governing council meeting

The European Central Bank said it has cancelled tomorrow's non-rate setting meeting of its governing council.

Wed, 20 Aug, 2003

ECB says no need to cut rates

EUROPEAN Central Bank council member Ernst Welteke has said there is no reason to lower borrowing costs for now as three interest rate cuts in the past eight months should be enough to spur an economic recovery.

Tue, 22 Jul, 2003

ECB relieved with euro appreciation interruption

European Central Bank president Wim Duisenberg said the ECB is relieved that the euro's strong appreciation has been interrupted recently.

Thu, 10 Jul, 2003

Interest rate cuts in eurozone likely after poor German results

INTEREST rates in the eurozone could be cut again soon from the historically low level of 2% following worse than expected economic data in Germany yesterday.

Wed, 09 Jul, 2003

EU names Trichet as next ECB boss

BANK of France Governor Jean-Claude Trichet has won the backing of European government leaders to become the next European Central Bank president.

Mon, 23 Jun, 2003

Cleared Trichet set for ECB post

Bank of France governor Jean-Claude Trichet has been acquitted on charges of false accounting, clearing the way for him to become the next president of the European Central Bank.

Wed, 18 Jun, 2003

Dealers price in further .25% ECB rate cut

EUROZONE interest rate futures are still pricing in a quarter point cut in European Central Bank (ECB) rates by September, with dealers undeterred by an apparent change of tone from the ECB chief.

Thu, 12 Jun, 2003

Euro drops against dollar

The euro dropped sharply last night on Wall St resulting in dollar buying.

Wed, 11 Jun, 2003

ECB will consider further bank rate cuts

WITH ECB bank rates still well ahead of the US — 2% against 1.25%, it would be wrong to rule out further cuts.

Fri, 06 Jun, 2003

Banks urged to pass on full rate cut

THE Government has urged banks to pass on the full cut in interest rates to customers as levels across Europe hit a 50-year low.

Fri, 06 Jun, 2003

Cut in interest rates expected

THE odds have shortened on a 0.5% cut in European interest rates when the ECB meets today, analysts said.

Thu, 05 Jun, 2003

Hurley paid 57% more than Greenspan

THE Governor of Ireland’s Central Bank is paid at least 57% more than his US counterpart, Federal Reserve chairman Alan Greenspan.

Fri, 23 May, 2003

Prospects for recovery in eurozone economy improve

PROSPECTS for a gradual recovery later this year in the eurozone economy have improved but risks remain, European Central Bank president Wim Duisenberg said yesterday.

Tue, 20 May, 2003

Europe on the brink of recession

EUROPE is on the brink of recession, according to the latest Gross Domestic Product (GDP) rates for the EU.

Sat, 17 May, 2003

Fears for jobs over rising euro

THOUSANDS of jobs will be lost if the euro continues to maintain its dramatic rise against the dollar, a leading economist warned last night.

Sat, 10 May, 2003

ECB to delay interest rate cut to June

THE European Central Bank will delay lowering interest rates until June as it seeks more evidence on the effects of the Iraq war on the world’s second-largest economic region, according to a survey of economists.

Tue, 22 Apr, 2003

Conflicting ECB projections

TOP European Central Bank figures clashed yesterday over the future direction of ECB interest rate policy.

Fri, 18 Apr, 2003

ECB rules out further interest rate cut

THE European Central Bank is set to disappoint markets by refusing to cut interest rates due to the expected quick end to the war on Iraq.

Tue, 15 Apr, 2003

ECB could cut rates again

THE European Central Bank yesterday signalled it may reduce interest rates again because of continuing subdued economic growth and falling inflation .

Fri, 14 Mar, 2003

Global recovery depends on US rebound

A recovery in the US economy is a key ingredient in the prevailing view that there will be an upturn in the global economy in the second half of 2003.

Tue, 11 Mar, 2003

Banks may hold off on ECB rate cut

THOUSANDS of borrowers may be kept dangling by the banks after the European Central Bank cut interest rates by 0.25% yesterday.

Fri, 07 Mar, 2003

ECB cuts interest rates

The European Central Bank today cut interest rates for the first time in three months, but the quarter-percentage point reduction was less than some economists had expected.

Thu, 06 Mar, 2003

Prospect of war 'has damaged world economy'

The European Union today issued a stern warning to a gathering of top financial officials, saying uncertainty over war in Iraq has damaged the world economy.

Sat, 22 Feb, 2003

Calls for Duisenberg to extend stay

THE European Central Bank cannot judge how an economy already wracked by war fears would react to fighting, ECB President Wim Duisenberg said on Monday signalling interest rates will stay on hold awhile longer.

Tue, 18 Feb, 2003

Interest rates remain steady

THE European Central Bank and the Bank of England met market expectations and held interest rates steady yesterday.

Fri, 10 Jan, 2003

Trial could thwart Trichet’s bid to be ECB chief

BANK OF FRANCE Governor Jean-Claude Trichet went on trial yesterday in a decade-old banking scandal that could thwart his bid to become the next president of the European Central Bank.

Tue, 07 Jan, 2003

Eurobank chief-to-be goes on trial for cover-up

Bank of France Governor Jean-Claude Trichet went on trial today on charges that could ruin his bid to become the next president of the European Central Bank.

Mon, 06 Jan, 2003

Eurobank's chief-in-waiting on trial for cover-up

Bank of France Governor Jean-Claude Trichet went on trial today on charges that could thwart his bid to become the next president of the European Central Bank.

Mon, 06 Jan, 2003

Terror as hijacker threatens skyscraper crash

A man stole a small plane at gunpoint then threatened to crash it into the European Central Bank in Frankfurt, sparking panic in the German financial capital.

Mon, 06 Jan, 2003

War would damage economy, says top banker

A war in Iraq would hurt the global economy, Europe’s top banker Wim Duisenberg said yesterday.

Mon, 30 Dec, 2002

Iraq war would damage economy

A war in Iraq would hurt the global economy, Europe’s top banker Wim Duisenberg said today.

Sun, 29 Dec, 2002

Eurobank hints at interest rate cut

A member of the European Central Bank’s governing council suggested today that the bank could cut interest rates by as much as a half percentage point next week, more than a year after it last made a change.

Fri, 29 Nov, 2002