THE EUROPEAN CENTRAL BANK

Beschreibung

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OMAR JULIAN HERN
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OMAR JULIAN HERN
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Zusammenfassung der Ressource

THE EUROPEAN CENTRAL BANK
  1. HISTORY
    1. Starting 1 Jul 1990:Increased co-operation between central banks
      1. Starting 1 Jan 1994:Increased co-ordination of monetary policies
        1. Starting 1 Jan 1999:Introduction of the euro
        2. ORGANISATION
          1. European System of Central Banks
            1. Member States whether they have adopted the euro or not
            2. Eurosystem
              1. The Eurosystem comprises the ECB and the NCBs of those countries that have adopted the euro
              2. Euro area
                1. The euro area consists of the EU countries that have adopted the euro.
              3. TASKS
                1. The definition and implementation of monetary policy for the euro area
                  1. The conduct of foreign exchange operations
                    1. The holding and management of the official foreign reserves of the euro area countries
                      1. The promotion of the smooth operation of payment systems.
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