The European System of Central Banks ( ESCB ) is a supranational financial regulatory authority that brings together the European Central Bank (ECB) and the national central banks of all 28 EU countries .
The European system of central banks was established in accordance with Article 8 of the Treaty establishing the European Community. The management of the ESCB is carried out by the ECB management bodies.
Content
Goals and objectives
The European system of central banks was created to maintain price stability, as well as support the main activities of the Community in the field of economy. These directions are listed in Art. 2 of the Treaty establishing the EU and include, in particular, ensuring a high level of employment and sustainable non-inflationary economic growth [1] .
See also
- Central banks and currencies of Europe
Notes
- ↑ Igor Morozov, 2012 , p. 226.
Literature
- Igor Morozov. Forex From simple to complex. - M .: Alpina Publisher, 2012 .-- 324 p. - (5th edition). - ISBN 978-5-9614-1949-8 .
Links
- ECB, ESCB and the Eurosystem (eng.) - page of the official website of the ECB on the European system of central banks
- Protocol on the Charter of the European System of Central Banks and the European Central Bank
- ECB: European Central Bank home page ( official ) - official website of the European Central Bank
- Organization and operation of the European Central Bank