The European Central Bank is the de facto successor of the European Monetary Institute (EMI). The EMI was established at the start of the second stage of the EU's Economic and Monetary Union (EMU) to handle the transitional issues of states adopting the euro and prepare for the creation of the ECB and European System of Central Banks (ESCB).
The European Central Bank is the main bank of the European Union. The European Central Bank is in Frankfurt am Main. The main goal of the European Central Bank is to maintain price stability, in other words make sure inflation is below 2%. This is done by e.g. controlling the interest rates.
The president of the European Central Bank is the head of the European Central Bank (ECB), the main institution responsible for the management of the euro and monetary policy in the Eurozone of the European Union (EU).
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The process of decision-making in the Eurosystem is centralized through the decision-making bodies of the ECB, namely the Governing Council and the Executive Board. As long as there are EU member states which have not adopted the euro, a third decision-making body, the General Council, shall also exist. The NCBs of the Member States that do not par...
The ESCB is composed of the European Central Bank and the national central banks of all 27 member states of the European Union. The first section of the following list lists member states and their central banks that form the Eurosystem(plus the ECB), which set eurozone monetary policy. The second section lists member states and their central banks...
The Executive Board of the European Central Bank is the organ responsible for implementing monetary policy for the Eurozone in line with the guidelines and decisions taken by the Governing Council of the European Central Bank . The Executive Board consists of the President, the Vice-President and four other members.
Европска централна банка је фактички наследник Европског монетарног института (ЕМИ). ЕМИ је успостављен на почетку друге фазе Економске и монетарне уније ЕУ (ЕМУ) да би се бавио прелазним проблемима и изазовима земаља усвајања евра и припремио за стварање ЕЦБ и Европског система централних банака ( ЕСЦБ).
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