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The euro dropped in value at the same time as Coeure spoke (Photo: stefan)

Euro bank tightens up communications

The European Central Bank (ECB) is no longer giving advance copies of speeches to media. But privy briefings for business chiefs will go on.

The Frankfurt-based bank’s announcements move markets, in which traders can make a profit if they beat competitors by fractions of a second.

It used to send speeches to select journalists from the 19 eurozone states one hour before publication under embargo.

But from Wednesday (20 May) everyone will see them at the same time on its w...

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

The euro dropped in value at the same time as Coeure spoke (Photo: stefan)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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