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Europe Daily Bulletin No. 7954
Contents Publication in full By article 23 / 45
GENERAL NEWS / (eu) eu/ecb

IMF rebukes ECB for its monetary inflexibility - "Inflation is not a problem", says Mussa

Brussels, 27/04/2001 (Agence Europe) - On the occasion of the publication of its twice-yearly global economic perspectives, the International Monetary Fund (IMF) criticised on Thursday the European Central Bank's inflexibility regarding rates. Michael Mussa, the leading IMF economist, declared that the ECB should have lowered its rates a month ago. He felt that "inflation is not a problem" and that the European institution has the means. The IMF accuses the ECB of taking part in the downturn...

Contents

THE DAY IN POLITICS
(EU) EU/UKRAINE: EU regrets fall of Yuschenko government and expresses concern about future of reform - Council of Europe Parliamentary Assembly renounces sanctions on Ukraine
(EU) EU/MIDDLE EAST/PRESS: Commission revolts against allegations that it took part in anti-Jewish hate campaign
(EU) EU/OSCE/BELARUS:
(EU) EU/GOVERNANCE: Kaufmann, Lund and Vignon stress difficulty of exercise
(EU) EU/KOSOVO: EU welcomes release of 145 Kosovar Albanians
(EU) EU/VATICAN:
(EU) EP/ISRAEL:
GENERAL NEWS
(EU) EU/SINGLE MARKET/CONSUMERS: Consumer forum prepares its contribution to informal Council - Pagrotsky Trade Minister, denounces price differentials - Lejon Chair of Consumer Council in favour of minimum common legislative framework
(EU) EU/SWITZERLAND: Second exploratory meeting on cooperation for combating fraud
(EU) EU/MOROCCO:
(EU) EU/OIL:
(EU) EU/SHIPBUILDING: Commission may give its stance next Wednesday on opening WTO procedure against South Korean shipyards and restoring aid to European shipyards
(EU) EU/KOREA: Persson, Solana and Patten hope to give fresh impetus to reconciliation process
(EU) EU/COMPETITION: Green light for takeover of sole control Erdolchemie by BP
(EU) EU/ENLARGEMENT: Next week, Commission will propose negotiation on transitional periods of 7 and 5 years respectively for acquisition of agricultural land and secondary residencies
(EU) EU/EASTERN EUROPE: Humanitarian aid in favour of Belarus, Moldova and Ukraine
(EU) EU/ENLARGEMENT/BULGARIA:
(EU) EU/CHILDHOOD/ENLARGEMENT:
(EU) EU/ENLARGEMENT/AGRICULTURE: Agricultural prices fell in candidate countries in 1999, even more so than in EU countries
(EU) EU/TRANSPORT: Commission adopts common characteristics for trans-European network for high-speed trains
(EU) EU/ECONOMY:
(EU) EU/EURO: Didier Reynders says no notes will be distributed before 1 January 2002
(EU) EU/ECB: IMF rebukes ECB for its monetary inflexibility - "Inflation is not a problem", says Mussa
(EU) EU/ENTERPRISE: Commission invites European companies to innovate more
(EU) EU/AEROSPACE: Defence, Galileo, 6th Framework Programme and Air Safety Authority are European priorities of EADS group as it establishes office in Brussels
(EU) EU/ECOFIN/ENLARGEMENT:
(EU) EU/ENVIRONMENT: 15 years after Chernobyl, Greens in Parliament consider that Commission has not learnt lessons of the nuclear disaster, and denounce its intention of funding nuclear programmes in Russia
(EU) EP/FIRST MAY SESSION: Poul Nielson should deliver a communication in plenary on partnership with UN regarding development
(EU) EP/BUDGET: Cocobu refuses change to legal basis of draft directive on the recovery of customs and agricultural credits
(EU) EU/AGRICULTURE:
(EU) EP/SOCIAL: Menrad pleads in favour of more worker consultation - For Gabaglio, worker consultation must be permanent element of social relations in business - Employees against review, at this stage, of Works' Councils
(EU) EU/SOCIAL: Equal programme for Austria
(EU) EU/SINGLE MARKET/SOCIAL:
TIMETABLE
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ECONOMIC INTERPENETRATION
(EU) Insurance:
(EU) Insurance:
(EU) Insurance:
(EU) Insurance:
(EU) Banks:
(EU) Equipment:
(EU) Packaging:
(EU) Cement:
(EU) Oil:
(EU) Agri-food:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 27/04/2001: