Advertisements

What is the European Central Bank

by admin

Europe is the European Central Bank, headquartered in Frankfurt, Germany.

It was established on 1 June 1998 and is responsible for EU-Area finance and.

Advertisements

It was formally established on 1 July 1998 under the provisions of the 1992 Maastricht Treaty.

Advertisements

It is a financial institution created to accommodate the issuance and circulation of the euro, and it is also a product of integration.

Advertisements

The European Central Bank is a legal person and can act as an independent legal person in the Member States to deal with its movable and immovable property and participate in relevant legal matters.

The decision-making bodies of the European Central Bank are the Governing Council and the Executive Board, which are composed of all members of the Executive Board and the governors of the central banks of the euro area member states.

The management committee adopts the system of one person, one vote, and generally adopts a simple majority.

Advertisements

You may also like

blank

MydayFinance (www.mydayfinance.com) is a comprehensive foreign exchange industry website, providing global users with 24-hour comprehensive and timely foreign exchange market information, foreign exchange rate real-time query, foreign exchange rate conversion and other content.【Contact us: [email protected]

© 2024 Copyright  mydayfinance.com