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Glossary: ECB

 

Photo: Euro
Photo: Euro

Acronym in full: European Central Bank

The European Central Bank (ECB) is the central bank for conducting the single monetary policy for Europe's single currency, the euro. Its main task is to maintain the euro's purchasing power and thus price stability in the euro area. The euro area comprises the 17 European Union countries that have introduced the euro since 1999.

 

Related section: EU

Related resource: European Central Bank

 

 

 

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