The European Central Bank

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Trascrizione

The European Central Bank

Is the Central Bank of the European Union
Began to officially exercise its full powers in 1999 with the introduction of the Euro Works with the banks of the 19 countries in the Eurozone
Is governed by European Laws
Has its own Governor and is completely indipendent
Christine Lagarde is the President of ECB
Is based in Frankfurt The ECB manages the euro and keep prices stable in the EU. It also sets key interest rates for the Eurozone