The European Central Bank published on Tuesday details of its latest operations to boost interbank lending on eurozone money markets.

The central bank has been providing huge amounts of euros, dollars and Swiss francs to eurozone banks to get them lending to each other again after uncertain financial conditions caused the crucial markets to freeze up.

The European Central Bank published on Tuesday details of its latest operations to boost interbank lending on eurozone money markets.

The central bank has been providing huge amounts of euros, dollars and Swiss francs to eurozone banks to get them lending to each other again after uncertain financial conditions caused the crucial markets to freeze up.

European Central Bank chief Jean-Claude Trichet on Wednesday called upon the private sector to play an `essential role` in helping to end the world economy`s most turbulent period since World War II.

In a short television interview with Britain`s Sky News, Trichet also said that joint efforts were needed to reduce the abundance of financial booms and busts.

European Central Bank chief Jean-Claude Trichet on Wednesday called upon the private sector to play an `essential role` in helping to end the world economy`s most turbulent period since World War II.

In a short television interview with Britain`s Sky News, Trichet also said that joint efforts were needed to reduce the abundance of financial booms and busts.

WASHINGTON, Oct 20, 2007 (AFP) - The head of the European Central Bank said Saturday the recent market crisis shifted turbulence away from emerging countries to rich ones, but its impact on credit would be 'relatively contained.'

'What has been notable about recent experience is that the epicenter of market turbulence has shifted from the emerging economies,' the bank's president Jean-Claude Trichet said at an International Finance Institute event.

FRANKFURT, Oct 18, 2007 (AFP) - Axel Weber, an influential director of the European Central Bank, argued indirectly Thursday for higher eurozone interest rates by stressing inflation threats.

'Tension in money markets is temporary. The main thing is to ensure our monetary policy does not lose sight of medium-term price stability,' Weber told the Frankfurter Rundshau in an interview posted on its Internet site.

FRANKFURT, Oct 17, 2007 (AFP) - The eurozone current account showed a deficit of 1.4 billion euros (2.0 billion dollars) in the second quarter, as trade with countries like China and Japan outweighed surpluses with Britain and other EU members, the European Central Bank (ECB) said Wednesday.

The current account is the broadest measure of trade in goods and services and also includes certain financial transfers.

FRANKFURT, Oct 15, 2007 (AFP) - The European Central Bank launched a regular refinancing operation Monday aon the basis the banks would need 150.5 billion euros (214 billion dollars) to meet minimum reserve requirements over the week.

During its last regular refinancing operation, demand for ECB funds was stronger than expected but banks submitted lower bids, a sign that pressure might be easing on international money markets after the recent credit squeeze.

FRANKFURT, Oct 12, 2007 (AFP) - The European Central Bank said Friday it would withdraw 30 billion euros (42.6 billion dollars) from eurozone money markets to absorb excess liquidity.

The ECB called for tenders in a five-day 'fine-tuning operation,' a statement to financial markets said.

The bank offered a fixed interest rate of 4.00 percent, the same as its base refinancing rate, to commercial banks that wanted to transfer excess cash to balance their books.

MOSCOW, Oct 11, 2007 (AFP) - European Central Bank chief Jean-Claude Trichet on Thursday described growth in the eurozone and throughout the world as 'robust' but cautioned that the bank needed to gather more data.

'We also have the sentiment that global growth remains very robust,' Trichet said in Moscow during a news conference with his Russian counterpart Sergei Ignatiev.

He stressed that the bank's approach had not changed since it maintained its interest rates at current levels last week in Vienna.