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EUROPEAN CENTRAL BANK
2003-09-06 08:47:52
European Central Bank

Eurotower, Frankfurt am Main (13k)

New ECB Premises - Grossmarkthalle


Official Euro Site

 Figures at a glance

KEY ECB INTEREST RATES   (Click here for past interest rates)
Deposit facility Main refinancing operations
Minimum bid rate
Marginal lending facility
1.00% 2.00% 3.00%
The irrevocable euro conversion rates
Euro foreign exchange reference rates

For information on documents available in other languages please click on the links below.
Dansk DA - Dansk
Deutsch DE - Deutsch
EllenikaEllenika
Español ES - Español
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Italiano IT - Italiano
Nederlands NL - Nederlands
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Suomi FI - Suomi
Svenska SV - Svenska
 What's new

ABOUT THE ECB

The mission of the European Central Bank,
[DA], [DE], [EL], [EN], [ES], [FI], [FR], [IT], [NL], [PT], [SV], pdf, August 2003.

About the ECB...

PRESS CONFERENCES

Lucas Papademos: Introductory statement to the press conference on 4 September 2003, Frankfurt am Main, 4 September 2003. Updated with the questions and answers.

Calendars and events...

PRESS RELEASES

Monetary policy decisions, [DA], [DE], [EL], [EN], [ES], [FI], [FR], [IT], [NL], [PT], [SV], 4 September 2003.

Payment and securities settlement systems in the European Union - Addendum incorporating 2001 figures, 3 September 2003.

Task Force on Portfolio Investment Income final report, 27 August 2003.

Press releases...

STATISTICAL PRESS RELEASES

Monetary developments in the euro area: July 2003, pdf 31 kB, 28 August 2003.

Statistical press releases...

PERIODICAL PUBLICATIONS

ECB Statistics Pocket Book: August 2003, pdf 450 kB, 15 August 2003.

ECB Monthly Bulletin: August 2003, pdf 1.19 MB, 7 August 2003.

Periodical publications...

KEY SPEECHES

Wim Duisenberg: Changing fortunes: financing world growth, speech delivered at the 2003 Spruce Meadows Round Table, Calgary, 5 September 2003.

Eugenio Domingo Solans: La Ampliación Europea desde la perspectiva del BCE, [ES], speech delivered at Conferencia de clausura del Seminario “La Ampliación Europea: desafíos y oportunidades”, Universidad del País Vasco, San Sebastián, 5 September 2003.

Gertrude Tumpel-Gugerell: Europa und die USA - Clash of Cultures? [DE] speech at the Alpbach Economic Symposium at the European Forum Alpbach 2003, Alpbach, 29 August 2003.

Key speeches...

PUBLICATIONS

The New Basel Capital Accord: reply of the European Central Bank to the third consultative proposals (CP3), pdf 63 kB, 4 September 2003.

Payment and securities settlement systems in the European Union Addendum incorporating 2001 figures (Blue Book, September 2003), 3 September.

Portfolio investment income: task force report, pdf 2.07 MB, 27 August 2003.

ECB statistics: A brief overview, [DE], [EN], [ES], [FR], brochure, pdf 383 kB, 15 August 2003.

Publications...

PUBLIC CONSULTATIONS

ESCB-CESR Standards for Securities Clearing and Settlement Systems in the European Union: Consultation announcement, [pdf 25 kB], consultative report, [pdf 2.61 MB], scope of application, [pdf 35 kB], 1 August 2003.

TARGET2: principles and structure, comments received, 14 July 2003.

Oversight standards for euro retail payment systems:
Comments received, response of the ECB and final report, 26 June 2003.

Measures to improve the collateral framework of the Eurosystem:
[DA], [DE], [EL], [EN], [ES], [FI], [FR], [IT], [NL], [PT], [SV], pdf 57 kB, 11 June 2003.

Summary of comments received on the measures proposed to improve the operational framework for monetary policy,
[DA], [DE], [EL], [EN], [ES], [FI], [FR], [IT], [NL], [PT], [SV], pdf 25 kB, 23 January 2003.

Public consultations...

LEGAL DOCUMENTS

Opinion of the European Central Bank of 5 March 2003 at the request of the Swedish Parliament on a draft law amending the Riksdag Act (CON/2003/3), pdf 17 kB, [EN], [SV], 5 September 2003.

Opinion of the European Central Bank of 28 February 2003 at the request of the Danish Financial Supervisory Authority on a draft law replacing the Financial Business Act and a draft law on the Mortgage Loans and Mortgage Bonds Act (CON/2003/2), pdf 29kB, [DA], [EN], 28 August 2003.

Opinion of the European Central Bank of 15 August 2003 at the request of the Council of the European Union on a proposal for a Council Decision concerning the analysis and cooperation with regard to counterfeit euro coins (COM(2003) 426 final) (CON/2003/16), pdf 80 kB, [DA], [DE], [EL], [EN], [ES], [FI], [FR], [IT], [NL], [PT], [SV], Source: Official Journal of the European Union, C 202, 27 August 2003.

Legal documents...

RESEARCH CONFERENCES AND SEMINARS
AND CALL FOR PAPERS

Call for papers:
Euro Area Business Cycle Network (EABCN) conference, hosted by the European Central Bank, Frankfurt, 5-6 December 2003.

Call for papers: Third workshop of ECB-CFS Research Network: Capital markets and financial integration in Europe, hosted by the Bank of Greece in Athens, 20-21 November 2003.

Call for papers: International Research Forum on Monetary Policy, second conference, at the Federal Reserve Board, 14-15 November 2003.

Call for papers: Prices, Productivity and Growth,
A Joint ECB, Banco de España and CEPR Conference, Madrid 17/18 October 2003.

Calendars and events...

ECB WORKING PAPERS SERIES

Interpolation and backdating with a large information set, by Elena Angelini, Jérôme Henry and Massimiliano Marcellino, August 2003, (ECB Working Paper No. 252), (pdf 516 kB).

Consumption, habit persistence, imperfect information and the lifetime budget constraint, by Alpo Willman, August 2003, (ECB Working Paper No. 251), (pdf 307 kB).

Persistence, the transmission mechanism and robust monetary policy, by Ignazio Angeloni, Günter Coenen and Frank Smets, August 2003, (ECB Working Paper No. 250), (pdf 504 kB).

Trade advantages and specialisation dynamics in acceding countries, by Andrea Zaghini, August 2003, (ECB Working Paper No. 249), (pdf 548 kB).

Exchange rates and fundamentals, by Charles Engel and Kenneth D. West, August 2003, (ECB Working Paper No. 248), (pdf 547 kB).

Forecasting euro area inflation: Does aggregating forecasts by HICP component improve forecast accuracy?, by Kirstin Hubrich, August 2003, (ECB Working Paper No. 247), (pdf 562 kB).

ECB Working Papers series...

OTHER ITEMS

Government activities affecting liquidity in the euro area, July 2002.