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The seat of the European Central Bank is situated in Frankfurt, Germany. [6] Its premises comprise a twin-tower skyscraper and the city's former Wholesale Market Hall (Großmarkthalle), with a low-rise building connecting the two. It was completed in 2014 and was officially opened on 18 March 2015.
Wim Duisenberg, first President of the ECB. The European Central Bank is the de facto successor of the European Monetary Institute (EMI). [7] The EMI was established at the start of the second stage of the EU's Economic and Monetary Union (EMU) to handle the transitional issues of states adopting the euro and prepare for the creation of the ECB and European System of Central Banks (ESCB). [7]
Eurotower is a 40-storey, 148 m (486 ft) skyscraper in the Innenstadt district of Frankfurt, Germany. The building served as the seat of the European Central Bank (ECB) until 18 March 2015, at which point it was officially replaced by a new purpose-built building. It now hosts ECB Banking Supervision.
The bank’s rate-setting council lowered the deposit rate from 3.75% to 3.5% at a meeting at its skyscraper headquarters in Frankfurt. European Central Bank cuts benchmark rate by a quarter point ...
The European Central Bank on Thursday confirmed a widely anticipated reduction in interest rates at its meeting in Frankfurt, Germany, despite lingering inflationary pressures in the 20-nation ...
Frankfurt is one of the de facto four main capitals of the European Union (alongside Brussels, Luxembourg and Strasbourg), as it is home to the European Central Bank, one of the institutional seats of the European Union, while Frankfurt's central business district lies about 90 km (56 mi) northwest of the geographic center of the EU at Gadheim ...
In 2005, the institute moved from premises at the Hessian State Central Bank to a building at Goethe University on the Westend campus, and in 2008 it moved into the newly built House of Finance on the Westend campus. From 2006 to July 2022, the former Chief Economist of the European Central Bank, Otmar Issing, was president of
The Großmarkthalle (Wholesale Market Hall), in Ostend (East End), Frankfurt am Main, was the city's main wholesale market, especially for fruit and vegetables. It closed on 4 June 2004 and the building now forms part of the Seat of the European Central Bank. It is considered a major example of expressionist architecture.