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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]
The General Council performs the tasks which the ECB took over from the EMI and which, owing to the derogation of one or more member states, still have to be performed in Stage Three of Economic and Monetary Union (EMU). The General Council also contributes to: ECB's advisory functions; Collection of statistical information
ECB may refer to: Organizations ... Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
A A&TWF – Acquisition and technology work force a – Army AA – Assembly area AA – Anti-aircraft AA – Aegis ashore AAA – Anti-aircraft artillery "Triple A" AAAV – Advanced Amphibious Assault Vehicle AAC – Army Air Corps AAD – Armored amphibious dozer AADC – Area air defense commander AAE – Army acquisition executive AAG – Anti-aircraft gun AAK – Appliqué armor kit (US ...
The question of supervising the European banking system arose long before the financial crisis of 2007-2008.Shortly after the creation of the monetary union in 1999, a number of observers and policy-makers warned that the new monetary architecture would be incomplete, and therefore fragile, without at least some coordination of supervisory policies among euro members.
In the 1990s there was a trend towards increasing the independence of central banks as a way of improving long-term economic performance. [87] While a large volume of economic research has been done to define the relationship between central bank independence and economic performance, the results are ambiguous. [88]
Elements of communication include a communication-triggering event, sender and recipient, a means of communication, a path of communication and contents of communication. [3] The path of communication is the path that a message travels between sender and recipient; in hierarchies the vertical line of communication is identical to command ...
Terminology is a group of specialized words and respective meanings in a particular field, and also the study of such terms and their use; [1] the latter meaning is also known as terminology science. A term is a word, compound word , or multi-word expression that in specific contexts is given specific meanings—these may deviate from the ...