PRESS RELEASE

Schedules for the meetings of the Governing Council and General Council of the ECB

12 September 1998
  1. In addition to its meetings scheduled for 13 October, 3 November and 1 December 1998, the Governing Council has agreed to hold a further meeting on 22 December 1998. The purpose of the meeting on 22 December 1998 will be to tidy up the remaining preparatory work. It is to be recalled that monetary policy decisions remain the responsibility of the national authorities until the end of 1998.
  2. The Governing Council has also agreed that in the first year of Stage Three (i.e. 1999) its meetings shall, as a rule, be scheduled to be held on Thursdays every other week, starting on 7 January 1999. Exceptions to this rule are envisaged to accommodate special holiday periods, namely Easter, Corpus Christi, the summer holiday period and New Year. As a result, the schedule for the meetings of the Governing Council is as follows:
    7 January 1999
    21 January 1999
    4 February 1999
    18 February 1999
    4 March 1999
    18 March 1999
    8 April 1999
    22 April 1999
    6 May 1999
    20 May 1999
    2 June 1999 (Wednesday)
    17 June 1999
    1 July 1999
    15 July 1999
    29 July 1999
    (omitting 12 August 1999 for the summer holiday period)
    26 August 1999
    9 September 1999
    23 September 1999
    7 October 1999
    21 October 1999
    4 November 1999
    18 November 1999
    2 December 1999
    16 December 1999
    5 January 2000 (Wednesday)
    20 January 2000
  3. Furthermore, the General Council has agreed that the current practice of General Council meetings should be continued in Stage Three, i.e. quarterly meetings to be held on the same day as Governing Council meetings. The schedule for meetings of the General Council in 1999 is thus:
    4 March 1999
    2 June 1999 (Wednesday)
    9 September 1999
    2 December 1999

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