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1 - 10 van 11 voor monetary policy
03/8139_Jaarverslag binnen 2002
... country-specific growth and inflation conditions,pursuing an aggregate monetary policy for the whole euro-zone area was a difficult task for the ecb. monetary policy proved to be too tight for germany while ... have to ease monetary policy further, probably at the end of the first quarter of 2003, to offset the tightening stemming from the strength of the euro. on the fiscal policy front,the ...
garantibank.nl
ar1999.pdf
... and by the elimination of exchange-rate risk within the monetary union. the european monetary policy is in force across 11 countries. the transition ... stability is one of the ecb's main objectives in the monetary policy of the eurosystem. since the money supply is regarded by ... tax receipts of usd 6 billion. with regard to the monetary policy, the total depreciation of local currency will be 20 % in ...
garantibank.nl
UGBI jaarversl. 2000 binnenw.
... of the year. the european central bank will continue to pursue a stability- oriented monetary policy. turkey the effects of the three-year disinflation and stabilization program backed by imf, ... significant steps were taken in terms of structural reforms in agriculture, banking and public finance. monetary policy had gained widespread credibility and a crawling peg had been used as nominal anchor. ...
garantibank.nl
Gar.Jaarversl.2005 OS 01
... economic region. it was precipitated by higher oil prices, resource- sector capacity constraints,tightening monetary policy in the united states and,in some countries,to the maturation of the ... monetary stimulus particularly in the united states did not cause any immediate decline in global liquidity conditions.although all central banks are in agreement that growth prospects are good and policy ...
garantibank.nl
553001.04 Gar.Jaarversl.2004 BW
... 49 .the chinese authorities efforts to slow the economy with a soft landing by monetary tightening and policy restrictions has not yet had the effect of dampening growth. us dollar weakness ... in february 2005.nonetheless, throughout 2004 real interest rates remained high due to the tight monetary policy of the central bank. due to strengthening fundamentals and high interest rates,the confidence of ...
garantibank.nl
ar2001.pdf
... sector fronts.bridging financing gaps in 2002 seems manageable but only with tight fiscal and monetary policies.considering that the exchange rate has become comparatively less competitive and that the ... in which garantibank international n.v.has a significant influence on commercial and financial policy are stated at net asset value determined in conformity with the accounting policies applied ...
garantibank.nl
20100609140407 GBI AnnualReport2009 pdf
... the world economy tumbled into 2009 as the recession intensified. vigorous fiscal, monetary and public credit policy easing in all major developed and emerging countries put a floor under ... markets. the main challenge will be to conduct timely exit strategies from fiscal and monetary stimuli. furthermore, as government finances deteriorated dramatically, sovereign credits, including those that were ...
garantibank.nl
ar2006.pdf
... 25 percent from 4.25 percent, the fed decided to pause monetary tightening to be able to measure the effects of the ... hard landing fears in the u.s., fed's pause of monetary tightening, strong european growth and the ecb's rate hike path ... policy mistakes by theturkish central bank fuelled the market's nervousness during the may-june period.as a response,theturkish central bank had to end monetary ...
garantibank.nl
ar2008.pdf
... started to show some signs of normalization by the end of the year. easy monetary policies, low inflation and tight credit spreads generated artificially inflated credit and derivative markets. ... risk management policies were strictly adhered to. strict implementation of the know-your-customer policy, and thorough due diligence procedures at the client acceptance stage and following close monitoring ...
garantibank.nl
20110527161500__GBI Annual Report 2010.pdf
... dnb's letter of february 2011. also in that meeting the revised remuneration policy has been discussed. this policy will be proposed to be approved by the shareholder in the annual general ... more confidence and investor optimism than the previous year. government interventions and unprecedented fiscal and monetary stimuli seemed to give the world economy the desired kick-start while the first phase ...
garantibank.nl
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