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References in periodicals archive ?
According to the Belgian National Bank, in the same year large Belgian nonfinancial companies invested 393 billion BEF in fixed financial assets, which are mostly participating interests in and loans to affiliated companies and other companies linked by participating interests.
In the first quarter of 1996, the conjunctural indicators of the Belgian National Bank - which generally lead industrial production and overall economic activity by only a few months - were at the same low level as in the final quarter of 1995.
Ministers also discussed Estonia and two nominees to replace outgoing European Central Bank Executive Board member Gertrude Tumpel-Gugerell (nominees are Belgian National Bank Director Peter Praet and ex-Slovak central banker Elena Kohutikova),
But at the beginning of March, following the depreciation of the Spanish and Portuguese currencies within the European Exchange Rate Mechanism, the Belgian franc came under some pressure vis-a-vis the Deutschemark, prompting the Belgian National Bank to raise interest rates and tighten liquidity conditions.
Emergency liquidity support was also granted by the Belgian National Bank, guaranteed by the Belgian state.
Finance ministers are expected to vote on the nominees - who include Peter Praet of the Belgian National Bank, Luxembourg central bank head Yves Mersch and his Portuguese counterpart, Vitor Constancio.
It later emerged that the Belgian National Bank and the European Central Bank knew about the transfers.
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