Nu este disponibil în limba română
Publications on Payments & markets
- 26 May 2023
- CARD FRAUD REPORT
- 2 March 2023
- OTHER PUBLICATION
- 1 January 2023
- OTHER PUBLICATION
- 1 January 2023
- OTHER PUBLICATION
- 8 August 2022
- OTHER PUBLICATION
- 28 April 2022
- ECONOMIC BULLETIN - BOXEconomic Bulletin Issue 3, 2022Details
- Abstract
- The gradual phasing-out of the pandemic collateral easing measures in three steps between July 2022 and March 2024 will restore the Eurosystem’s pre-pandemic risk tolerance in its collateral framework, while avoiding cliff effects in collateral availability. The collateral easing measures introduced in April 2020 facilitated banks’ access to Eurosystem credit operations by adding around €285 billion of collateral, playing an important role in supporting the provision of credit to the economy during the coronavirus (COVID-19) pandemic. The ECB will continue to waive the minimum credit quality requirement for Greek government bonds (GGBs), allowing national central banks (NCBs) to accept them as collateral at least as long as reinvestments in such bonds under the pandemic emergency purchase programme (PEPP) continue.
- JEL Code
- E58 : Macroeconomics and Monetary Economics→Monetary Policy, Central Banking, and the Supply of Money and Credit→Central Banks and Their Policies
E65 : Macroeconomics and Monetary Economics→Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook→Studies of Particular Policy Episodes
G01 : Financial Economics→General→Financial Crises
- 3 February 2022
- OTHER PUBLICATION
- 3 February 2022
- OTHER PUBLICATION
- 20 December 2021
- OTHER PUBLICATION
- 28 July 2021
- OTHER PUBLICATION
- 23 July 2021
- OTHER PUBLICATION
- 21 July 2021
- OTHER PUBLICATION
- 14 July 2021
- OTHER PUBLICATION
- 14 July 2021
- OTHER PUBLICATION
- 11 May 2021
- OTHER PUBLICATION
- 3 May 2021
- ECONOMIC BULLETIN - ARTICLEEconomic Bulletin Issue 3, 2021Details
- Abstract
- This article examines liquidity usage in TARGET2 – the real-time gross-settlement (RTGS) system owned and operated by the Eurosystem – and related developments over time. More specifically, it analyses the velocity at which liquidity circulates in the system and the interplay between the liquidity sources that participants use to fund their payment obligations. Growth in levels of central bank reserves has affected TARGET2 participants’ behaviour, giving lower incentives to recycle incoming liquidity, which is reflected in decreased liquidity velocity and an increased use of the central bank reserves on the account balance to fund outgoing payments. Interest rates are also found to affect the behaviour of TARGET2 participants. Moreover, it is shown that liquidity usage varies significantly across participants and countries. A bank-level panel analysis quantifies the impact of specific TARGET2 participant features and monetary policy decisions on liquidity usage in TARGET2.
- JEL Code
- G10 : Financial Economics→General Financial Markets→General
G20 : Financial Economics→Financial Institutions and Services→General
G21 : Financial Economics→Financial Institutions and Services→Banks, Depository Institutions, Micro Finance Institutions, Mortgages
- 23 April 2021
- OTHER PUBLICATION
- 14 April 2021
- OTHER PUBLICATIONEnglishOTHER LANGUAGES (14) +
- 8 April 2021
- EUROSYSTEM OVERSIGHT REPORT
- 19 March 2021
- OTHER PUBLICATION
- 15 February 2021
- OTHER PUBLICATION
- 15 February 2021
- OTHER PUBLICATION
- 18 January 2021
- OTHER PUBLICATION
- 2 December 2020
- OTHER PUBLICATIONDetails
- Network
- Eurosystem Research Network on Cash (EURECA)
Annexes- 2 December 2020
- OTHER PUBLICATION
- 2 December 2020
- ANNEX
Related- 2 December 2020
- PRESS RELEASEEnglishOTHER LANGUAGES (14) +
- 25 November 2020
- FINANCIAL STABILITY REVIEW - BOXFinancial Stability Review Issue 2, 2020Details
- Abstract
- Market participants have been slow in transitioning to the euro short-term rate (€STR) as the new reference rate in the overnight index swap (OIS) market. The OIS market segment is a potential source of alternative risk-free interest rates to serve as a fall-back for the euro interbank offered rate (EURIBOR), the benchmark term rate underlying loan and debt security pricing for euro area households and corporates. The euro overnight index average (EONIA) rate is due to cease in January 2022. But trading activity in €STR-referencing OISs, although constantly growing, has remained at very low levels compared with EONIA-referencing OISs. Moreover, EONIA OIS trades that mature after the transition deadline have continued to rise. Market participants are encouraged are encouraged to redouble their efforts to ensure sufficient technical preparedness to trade, price and account for €STR-based products and manage risk related to usage of the €STR.
- JEL Code
- G10 : Financial Economics→General Financial Markets→General
G12 : Financial Economics→General Financial Markets→Asset Pricing, Trading Volume, Bond Interest Rates
G13 : Financial Economics→General Financial Markets→Contingent Pricing, Futures Pricing
- 23 November 2020
- OTHER PUBLICATIONAnnexes
- OTHER PUBLICATION
Related- 23 November 2020
- PRESS RELEASE
- 23 November 2020
- OTHER PUBLICATIONAnnexes
- OTHER PUBLICATION
Related- 23 November 2020
- PRESS RELEASE
- 6 November 2020
- OTHER PUBLICATION
- 2 October 2020
- OTHER PUBLICATION
- 30 July 2020
- ECONOMIC BULLETIN - ARTICLEEconomic Bulletin Issue 5, 2020Details
- Abstract
- This article analyses how liquidity is distributed across jurisdictions in TARGET2 – the payment system owned and operated by the Eurosystem – and the implications for payment settlement. It discusses TARGET2 participants’ reliance on intraday credit and the time of payment settlement, which are important aspects for the payment system operator. The article documents considerable heterogeneity across countries in liquidity holdings, concentration of liquidity among participants, usage of the intraday credit facility and time of settlement. A panel study across countries shows that larger holdings of liquidity are associated with a lower use of the credit line and an earlier time of settlement.
- JEL Code
- G20 : Financial Economics→Financial Institutions and Services→General
G21 : Financial Economics→Financial Institutions and Services→Banks, Depository Institutions, Micro Finance Institutions, Mortgages
- 30 July 2020
- ECONOMIC BULLETIN - BOXEconomic Bulletin Issue 5, 2020Details
- Abstract
- This box provides evidence on the positive impact of the Eurosystem’s US dollar-providing operations on the functioning of the EUR/USD foreign exchange (FX) swap market, using ECB Money Market and Statistical Reporting (MMSR) transaction data. In the context of high market volatility and risk aversion due to the coronavirus (COVID-19) pandemic, US dollar funding conditions tightened notably from the end of February 2020, when supply-demand imbalances led to a deterioration of liquidity conditions and eventually a surge in US dollar funding premia. The enhancement of the central bank swap lines on 18 March, by introducing a new 84-day US dollar operation in addition to the existing 7-day tender and lowering the price of all US dollar operations, brought significant relief to the short-term US dollar funding conditions. However, the relief was short-lived and it was only with the introduction of daily operations on 23 March that conditions improved in a sustainable manner and across all maturities, as uncertainty about US dollar availability abated. Once US dollar funding conditions started to normalise, the Eurosystem’s US dollar operations gradually lost their appeal, as seen in the significant drop in participation. This box shows that the Eurosystem’s US dollar operations not only helped banks to satisfy their immediate US dollar funding needs but also supported market activity, as banks participating in the US dollar operations became more willing to intermediate and passed funds borrowed from the Eurosystem on to other market participants. This in turn contributed to the normalisation of US dollar funding conditions and highlights an important transmission channel of the central bank swap lines.
- JEL Code
- E5 : Macroeconomics and Monetary Economics→Monetary Policy, Central Banking, and the Supply of Money and Credit
E4 : Macroeconomics and Monetary Economics→Money and Interest Rates
G1 : Financial Economics→General Financial Markets
D53 : Microeconomics→General Equilibrium and Disequilibrium→Financial Markets
- 24 July 2020
- OTHER PUBLICATIONAnnexes
- 24 July 2020
- OTHER PUBLICATION
Related- 24 July 2020
- PRESS RELEASE
- 16 June 2020
- OTHER PUBLICATION
- 20 May 2020
- TARGET ANNUAL REPORT
- 13 March 2020
- OTHER PUBLICATION
- 13 March 2020
- OTHER PUBLICATION
- 19 February 2020
- OTHER PUBLICATIONRelated
- 4 December 2019
- OTHER PUBLICATION
- 12 November 2019
- OTHER PUBLICATIONRelated
- 12 November 2019
- PRESS RELEASE
- 7 November 2019
- ECONOMIC BULLETIN - BOXEconomic Bulletin Issue 7, 2019Details
- Abstract
- Box about the start of the overnight benchmark rate for euro, the €STR.
- JEL Code
- E430 : Macroeconomics and Monetary Economics→Money and Interest Rates→Interest Rates: Determination, Term Structure, and Effects
- 6 November 2019
- OTHER PUBLICATIONRelated
- 5 November 2019
- OTHER PUBLICATIONRelated
- 17 October 2019
- OTHER PUBLICATION
- 19 August 2019
- OTHER PUBLICATIONRelated
- 1 August 2019
- OTHER PUBLICATION
- 1 July 2019
- OTHER PUBLICATION
- 27 May 2019
- TARGET ANNUAL REPORT
- 17 April 2019
- OTHER PUBLICATION
- 28 February 2019
- OTHER PUBLICATION
- 21 January 2019
- OTHER PUBLICATIONRelated
- 14 December 2018
- OTHER PUBLICATION
- 26 September 2018
- CARD FRAUD REPORT
- 17 September 2018
- OTHER PUBLICATION
- 15 June 2018
- OTHER PUBLICATION
- 30 May 2018
- OTHER PUBLICATION
- 8 May 2018
- TARGET ANNUAL REPORT
- 2 May 2018
- OTHER PUBLICATION
- 27 March 2018
- OTHER PUBLICATION
- 27 March 2018
- OTHER PUBLICATION
- 26 March 2018
- OTHER PUBLICATION
- 26 March 2018
- OTHER PUBLICATION
- 24 November 2017
- EUROSYSTEM OVERSIGHT REPORT
- 4 September 2017
- OTHER PUBLICATION
- 22 May 2017
- TARGET ANNUAL REPORT
- 11 May 2017
- ECONOMIC BULLETIN - ARTICLEEconomic Bulletin Issue 3, 2017
- 28 February 2017
- OTHER PUBLICATION
- 2 January 2017
- OTHER PUBLICATION
- 2 January 2017
- OTHER PUBLICATION
- 29 July 2016
- OTHER PUBLICATION
- 15 July 2016
- OTHER PUBLICATION
- 30 June 2016
- OTHER PUBLICATION
- 12 May 2016
- TARGET ANNUAL REPORT
- 19 February 2016
- OTHER PUBLICATION
- 29 January 2016
- OTHER PUBLICATION
- 25 January 2016
- OTHER PUBLICATION
- 25 January 2016
- OTHER PUBLICATION
- 23 September 2015
- OTHER PUBLICATION
- 23 September 2015
- OTHER PUBLICATION
- 4 September 2015
- OTHER PUBLICATION
- 25 August 2015
- OTHER PUBLICATION
- 15 July 2015
- CARD FRAUD REPORT
- 1 June 2015
- TARGET ANNUAL REPORTAnnexesRelated
- 1 June 2015
- PRESS RELEASE
- 21 May 2015
- OTHER PUBLICATION
- 27 March 2015
- OTHER PUBLICATION
- 2 March 2015
- OTHER PUBLICATION
- 27 February 2015
- EUROSYSTEM OVERSIGHT REPORT
- 25 February 2015
- OTHER PUBLICATION
- 24 February 2015
- OTHER PUBLICATION
- 1 January 2015
- OTHER PUBLICATION
- 1 January 2015
- OTHER PUBLICATION
- 18 November 2014
- OTHER PUBLICATION
- 18 November 2014
- OTHER PUBLICATION
- 20 October 2014
- OTHER PUBLICATIONRelated
- 20 October 2014
- PRESS RELEASE
- 13 October 2014
- OTHER PUBLICATION
- 13 October 2014
- OTHER PUBLICATION
- 7 July 2014
- OTHER PUBLICATION
- 7 July 2014
- OTHER PUBLICATION
- 7 July 2014
- OTHER PUBLICATION
- 30 May 2014
- OTHER PUBLICATION
- 26 May 2014
- OTHER PUBLICATION
- 22 May 2014
- TARGET ANNUAL REPORTRelated
- 22 May 2014
- PRESS RELEASE
- 12 May 2014
- OTHER PUBLICATION
- 29 April 2014
- OTHER PUBLICATIONRelated
- 29 April 2014
- PRESS RELEASEEnglishOTHER LANGUAGES (22) +
- 11 April 2014
- OTHER PUBLICATION
- 18 March 2014
- OTHER PUBLICATION
- 25 February 2014
- CARD FRAUD REPORTRelated
- 25 February 2014
- PRESS RELEASE
- 4 February 2014
- OTHER PUBLICATIONRelated
- 4 February 2014
- PRESS RELEASE
- 6 January 2014
- OTHER PUBLICATION
- 24 October 2013
- OTHER PUBLICATIONRelated
- 24 October 2013
- PRESS RELEASE
- 27 September 2013
- OTHER PUBLICATIONRelated
- 27 September 2013
- PRESS RELEASE
- 16 July 2013
- CARD FRAUD REPORTRelated
- 16 July 2013
- PRESS RELEASE
- 15 July 2013
- OTHER PUBLICATIONRelated
- 15 July 2013
- PRESS RELEASE
- 24 May 2013
- TARGET ANNUAL REPORTRelated
- 24 May 2013
- PRESS RELEASE
- 9 May 2013
- ECONOMIC BULLETIN - ARTICLEEconomic Bulletin Issue 5, 2013
- 7 May 2013
- OTHER PUBLICATION
- 8 April 2013
- OTHER PUBLICATIONRelated
- 8 April 2013
- PRESS RELEASE
- 21 March 2013
- OTHER PUBLICATIONRelated
- 21 March 2013
- PRESS RELEASE
- 11 February 2013
- OTHER PUBLICATION
- 11 February 2013
- OTHER PUBLICATION
- 31 January 2013
- OTHER PUBLICATION
- 31 January 2013
- OTHER PUBLICATION
- 31 January 2013
- OTHER PUBLICATION
- 17 December 2012
- OTHER PUBLICATION
- 29 November 2012
- OTHER PUBLICATIONRelated
- 29 November 2012
- PRESS RELEASE
- 29 November 2012
- OTHER PUBLICATIONRelated
- 29 November 2012
- PRESS RELEASE
- 29 October 2012
- OTHER PUBLICATION
- 25 July 2012
- CARD FRAUD REPORTRelated
- 25 July 2012
- PRESS RELEASE
- 31 May 2012
- TARGET ANNUAL REPORT
- 20 April 2012
- OTHER PUBLICATIONRelated
- 20 April 2012
- PRESS RELEASE
- 19 April 2012
- EUROSYSTEM OVERSIGHT REPORTRelated
- 19 April 2012
- PRESS RELEASE
- 23 March 2012
- OTHER PUBLICATIONRelated
- 23 March 2012
- PRESS RELEASE
- 19 January 2012
- ECONOMIC BULLETIN - ARTICLEEconomic Bulletin Issue 1, 2012
- 18 November 2011
- OTHER PUBLICATION
- 14 November 2011
- OTHER PUBLICATIONRelated
- 14 November 2011
- PRESS RELEASE
- 4 November 2011
- OTHER PUBLICATION
- 5 July 2011
- OTHER PUBLICATION
- 19 May 2011
- TARGET ANNUAL REPORTRelated
- 12 April 2011
- OTHER PUBLICATION
- 20 January 2011
- OTHER PUBLICATIONEnglishOTHER LANGUAGES (14) +
- 22 October 2010
- OTHER PUBLICATIONRelated
- 22 October 2010
- PRESS RELEASE
- 13 October 2010
- OTHER PUBLICATION
- 13 October 2010
- OTHER PUBLICATIONRelated
- 13 October 2010
- PRESS RELEASE
- 13 October 2010
- OTHER PUBLICATIONRelated
- 13 October 2010
- PRESS RELEASE
- 13 October 2010
- OTHER PUBLICATIONRelated
- 13 October 2010
- PRESS RELEASE
- 8 September 2010
- OTHER PUBLICATIONRelated
- 8 September 2010
- PRESS RELEASE
- 6 September 2010
- OTHER PUBLICATIONRelated
- 6 September 2010
- PRESS RELEASE
- 9 July 2010
- OTHER PUBLICATION
- 18 May 2010
- TARGET ANNUAL REPORTRelated
- 23 April 2010
- OTHER PUBLICATION
- 19 April 2010
- OTHER PUBLICATION
- 27 January 2010
- OTHER PUBLICATION
- 15 January 2010
- OTHER PUBLICATION
- 30 December 2009
- OTHER PUBLICATION
- 1 December 2009
- OTHER PUBLICATIONRelated
- 1 December 2009
- PRESS RELEASE
- 12 November 2009
- EUROSYSTEM OVERSIGHT REPORTRelated
- 12 November 2009
- PRESS RELEASE
- 6 November 2009
- OTHER PUBLICATION
- 4 September 2009
- OTHER PUBLICATION
- 3 September 2009
- OTHER PUBLICATION
- 10 August 2009
- OTHER PUBLICATIONRelated
- 10 August 2009
- PRESS RELEASE
- 10 August 2009
- OTHER PUBLICATIONRelated
- 10 August 2009
- PRESS RELEASE
- 2 July 2009
- OTHER PUBLICATIONEnglishOTHER LANGUAGES (21) +
- 23 June 2009
- OTHER PUBLICATIONRelated
- 15 May 2009
- OTHER PUBLICATIONRelated
- 15 May 2009
- PRESS RELEASE
- 15 May 2009
- TARGET ANNUAL REPORTRelated
- 15 May 2009
- PRESS RELEASE
- 27 March 2009
- OTHER PUBLICATION
- 27 March 2009
- OTHER PUBLICATIONRelated
- 27 March 2009
- PRESS RELEASE
- 20 February 2009
- OTHER PUBLICATIONRelated
- 20 February 2009
- PRESS RELEASE
- 20 February 2009
- OTHER PUBLICATIONRelated
- 20 February 2009
- PRESS RELEASE
- 30 December 2008
- OTHER PUBLICATION
- 24 November 2008
- OTHER PUBLICATIONRelated
- 24 November 2008
- PRESS RELEASE
- 20 November 2008
- OTHER PUBLICATION
- 13 November 2008
- ECONOMIC BULLETIN - ARTICLEEconomic Bulletin Issue 11, 2008
- 4 September 2008
- OTHER PUBLICATION
- 17 July 2008
- OTHER PUBLICATION
- 11 July 2008
- OTHER PUBLICATIONRelated
- 11 July 2008
- PRESS RELEASE
- 28 April 2008
- TARGET ANNUAL REPORTRelated
- 28 April 2008
- PRESS RELEASE
- 31 January 2008
- OTHER PUBLICATION
- 11 January 2008
- OTHER PUBLICATIONRelated
- 11 January 2008
- PRESS RELEASE
- 10 December 2007
- OTHER PUBLICATION
- 29 October 2007
- OTHER PUBLICATION
- 29 October 2007
- OTHER PUBLICATION
- 29 October 2007
- OTHER PUBLICATION
- 29 October 2007
- OTHER PUBLICATIONRelated
- 29 October 2007
- PRESS RELEASE
- 26 October 2007
- OTHER PUBLICATIONRelated
- 26 October 2007
- PRESS RELEASE
- 14 August 2007
- OTHER PUBLICATIONRelated
- 14 August 2007
- PRESS RELEASE
- 14 August 2007
- OTHER PUBLICATIONRelated
- 14 August 2007
- PRESS RELEASE
- 24 July 2007
- OTHER PUBLICATION
- 20 July 2007
- OTHER PUBLICATIONRelated
- 20 July 2007
- PRESS RELEASE
- 10 July 2007
- OTHER PUBLICATION
- 22 June 2007
- OTHER PUBLICATIONAnnexes
- 28 June 2007
- ANNEX
Related- 22 June 2007
- PRESS RELEASE
- 11 May 2007
- TARGET ANNUAL REPORT
- 8 March 2007
- OTHER PUBLICATIONRelated
- 8 March 2007
- MONETARY POLICY DECISIONEnglishOTHER LANGUAGES (21) +
- 8 March 2007
- OTHER PUBLICATIONRelated
- 8 March 2007
- MONETARY POLICY DECISIONEnglishOTHER LANGUAGES (21) +
- 8 March 2007
- OTHER PUBLICATIONRelated
- 8 March 2007
- MONETARY POLICY DECISIONEnglishOTHER LANGUAGES (21) +
- 8 March 2007
- OTHER PUBLICATIONRelated
- 8 March 2007
- MONETARY POLICY DECISIONEnglishOTHER LANGUAGES (21) +
- 8 March 2007
- OTHER PUBLICATIONRelated
- 8 March 2007
- MONETARY POLICY DECISIONEnglishOTHER LANGUAGES (21) +
- 28 December 2006
- OTHER PUBLICATION
- 22 December 2006
- OTHER PUBLICATIONRelated
- 22 December 2006
- PRESS RELEASE
- 21 December 2006
- OTHER PUBLICATION
- 20 November 2006
- OTHER PUBLICATIONRelated
- 20 November 2006
- PRESS RELEASE
- 20 November 2006
- OTHER PUBLICATIONRelated
- 20 November 2006
- PRESS RELEASE
- 13 November 2006
- OTHER PUBLICATIONEnglishOTHER LANGUAGES (21) +
- 18 October 2006
- OTHER PUBLICATION
- 16 October 2006
- OTHER PUBLICATION
- 21 September 2006
- OTHER PUBLICATION
- 10 August 2006
- ECONOMIC BULLETIN - ARTICLEEconomic Bulletin Issue 8, 2006
- 24 July 2006
- OTHER PUBLICATIONRelated
- 21 July 2006
- PRESS RELEASE
- 9 June 2006
- OTHER PUBLICATIONRelated
- 9 June 2006
- PRESS RELEASE
- 19 May 2006
- TARGET ANNUAL REPORTRelated
- 19 May 2006
- PRESS RELEASE
- 11 May 2006
- ECONOMIC BULLETIN - ARTICLEEconomic Bulletin Issue 5, 2006
- 6 March 2006
- OTHER PUBLICATIONRelated
- 6 March 2006
- PRESS RELEASE
- 17 February 2006
- OTHER PUBLICATIONRelated
- 17 February 2006
- PRESS RELEASE
- 21 October 2005
- OTHER PUBLICATIONRelated
- 21 October 2005
- PRESS RELEASE
- 29 August 2005
- OTHER PUBLICATION
- 22 August 2005
- OTHER PUBLICATION
- 22 August 2005
- OTHER PUBLICATION
- 19 August 2005
- OTHER PUBLICATIONEnglishOTHER LANGUAGES (19) +
- 2 August 2005
- OTHER PUBLICATIONRelated
- 2 August 2005
- PRESS RELEASE
- 21 June 2005
- OTHER PUBLICATION
- 21 June 2005
- OTHER PUBLICATION
- 25 May 2005
- TARGET ANNUAL REPORTRelated
- 25 May 2005
- PRESS RELEASE
- 17 May 2005
- OTHER PUBLICATION
- 14 April 2005
- ECONOMIC BULLETIN - ARTICLEEconomic Bulletin Issue 4, 2005
- 28 February 2005
- OTHER PUBLICATIONRelated
- 8 February 2005
- OTHER PUBLICATIONEnglishOTHER LANGUAGES (19) +Related
- 8 February 2005
- PRESS RELEASEEnglishOTHER LANGUAGES (19) +
- 2 December 2004
- OTHER PUBLICATIONRelated
- 2 December 2004
- PRESS RELEASE
- 26 October 2004
- OTHER PUBLICATIONRelated
- 26 October 2004
- PRESS RELEASE
- 22 October 2004
- OTHER PUBLICATION
- 29 September 2004
- OTHER PUBLICATION
- 29 September 2004
- OTHER PUBLICATION
- 21 May 2004
- OTHER PUBLICATION
- 12 May 2004
- TARGET ANNUAL REPORTRelated
- 12 May 2004
- PRESS RELEASE
- 10 May 2004
- OTHER PUBLICATION
- 22 April 2004
- OTHER PUBLICATION
- 15 April 2004
- OTHER PUBLICATION
- 15 April 2004
- OTHER PUBLICATION
- 13 April 2004
- ECONOMIC BULLETIN - ARTICLEEconomic Bulletin Issue 4, 2004
- 28 January 2004
- OTHER PUBLICATIONRelated
- 28 January 2004
- PRESS RELEASEEnglishOTHER LANGUAGES (19) +
- 29 November 2003
- OTHER PUBLICATION
- 29 November 2003
- OTHER PUBLICATION
- 30 September 2003
- OTHER PUBLICATION
- 6 September 2003
- OTHER PUBLICATION
- 9 July 2003
- OTHER PUBLICATIONRelated
- 9 July 2003
- PRESS RELEASE
- 26 June 2003
- OTHER PUBLICATIONRelated
- 26 June 2003
- PRESS RELEASE
- 26 June 2003
- OTHER PUBLICATIONRelated
- 26 June 2003
- PRESS RELEASE
- 23 May 2003
- OTHER PUBLICATIONRelated
- 23 May 2003
- PRESS RELEASE
- 15 May 2003
- ECONOMIC BULLETIN - ARTICLEEconomic Bulletin Issue 5, 2003
- 20 April 2003
- TARGET ANNUAL REPORTRelated
- 14 April 2003
- PRESS RELEASE
- 15 April 2003
- OTHER PUBLICATION
- 23 January 2003
- ECONOMIC BULLETIN - ARTICLEEconomic Bulletin Issue 1, 2003
- 30 August 2002
- OTHER PUBLICATIONAnnexesRelated
- 30 August 2002
- PRESS RELEASE
- 20 July 2002
- OTHER PUBLICATION
- 24 June 2002
- OTHER PUBLICATION
- 22 June 2002
- OTHER PUBLICATION
- 21 June 2002
- OTHER PUBLICATION
- 19 June 2002
- OTHER PUBLICATION
- 20 April 2002
- TARGET ANNUAL REPORT
- 11 April 2002
- ECONOMIC BULLETIN - ARTICLEEconomic Bulletin Issue 4, 2002
- 30 November 2001
- OTHER PUBLICATIONRelated
- 22 November 2001
- PRESS RELEASE
- 27 September 2001
- OTHER PUBLICATIONRelated
- 27 September 2001
- PRESS RELEASE
- 9 August 2001
- ECONOMIC BULLETIN - ARTICLEEconomic Bulletin Issue 8, 2001
- 30 June 2001
- OTHER PUBLICATION
- 30 May 2001
- TARGET ANNUAL REPORTRelated
- 15 May 2001
- PRESS RELEASE
- 8 February 2001
- ECONOMIC BULLETIN - ARTICLEEconomic Bulletin Issue 2, 2001
- 20 September 2000
- OTHER PUBLICATION
- 14 September 2000
- OTHER PUBLICATIONRelated
- 14 September 2000
- PRESS RELEASE
- 21 June 2000
- OTHER PUBLICATIONRelated
- 21 June 2000
- PRESS RELEASE
- 21 March 2000
- OTHER PUBLICATION
- 29 February 2000
- OTHER PUBLICATIONRelated
- 29 February 2000
- PRESS RELEASE
- 10 February 2000
- ECONOMIC BULLETIN - ARTICLEEconomic Bulletin Issue 2, 2000
- 29 November 1999
- OTHER PUBLICATIONRelated
- 16 November 1999
- PRESS RELEASE
- 11 November 1999
- ECONOMIC BULLETIN - ARTICLEEconomic Bulletin Issue 11, 1999
- 30 September 1999
- OTHER PUBLICATIONRelated
- 13 September 1999
- PRESS RELEASE
- 25 September 1999
- OTHER PUBLICATION
- 30 August 1999
- OTHER PUBLICATIONRelated
- 31 August 1999
- PRESS RELEASE
- 20 January 1999
- OTHER PUBLICATION
- 30 November 1998
- OTHER PUBLICATIONRelated
- 12 November 1998
- PRESS RELEASE
- 25 September 1998
- OTHER PUBLICATIONRelated
- 29 September 1998
- PRESS RELEASE
- 16 September 1998
- OTHER PUBLICATIONRelated
- 18 September 1998
- PRESS RELEASE
- 15 August 1998
- OTHER PUBLICATIONRelated
- 31 August 1998
- PRESS RELEASE
- 16 July 1998
- OTHER PUBLICATIONRelated
- 1 July 1998
- PRESS RELEASE
- 1 January 1998
- OTHER PUBLICATION
- 1 January 1997
- OTHER PUBLICATION
- 1 January 1995
- OTHER PUBLICATION
- 1 May 1994
- OTHER PUBLICATION
- 1 May 1994
- OTHER PUBLICATION
- 1 September 1992
- OTHER PUBLICATION