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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 editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

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 editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

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