The central bank of the European Union (EU) area. Responsible for planning and rolling out the EU money-management polices. Organized January 1, 1999. This bank is independent from all EU countries and financial entities. Its operations determine the short-term interest rates and Euro bank rates. It is not, however allowed to deal with debt issues of the member states. A six-member executive board chosen by member states couples with the governors of the national central banks to comprise the ECB leadership council.
What is EUROPEAN CENTRAL BANK (ECB)?
Featuring Black’s Law Dictionary
Nothing implied or stated on this page should be construed to be legal, tax, or professional advice. The Law Dictionary is not a law firm and this page should not be interpreted as creating an attorney-client or legal adviser relationship. For questions regarding your specific situation, please consult a qualified attorney.
- Best Way to Find Someone in Jail for Free
- What Is A Police Welfare Check?
- How Do You Look up License Plate Numbers?
- Best Way To Run A Free Arrest Warrant Check
- Signing a Letter on Someone Else’s Behalf
- Best Way to Write a Professional Letter to a Judge
- How To Find A Name & Address Using A License Plate Number
- How To Find An Inmate’s Release Date
- How to Transfer a Car Title When The Owner Is Deceased
- What Rights Do Convicted Felons Lose?