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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]
ECB may refer to: Organizations. European Central Bank; European Chemicals Bureau of the European Commission; ECB Project (Emergency Capacity Building Project), to ...
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
The origin of the European Troika can be traced back to the Greek loan package of May 2010 [8] and the EFSF.The work of the three members were distinct: the IMF co-financed the loans for Greece, the ECB focused its competences on the banking system and the Commission worked on economic reforms with the IMF.
Etymology (/ ˌ ɛ t ɪ ˈ m ɒ l ə dʒ i /, ET-im-OL-ə-jee [1]) is the study of the origin and evolution of words, including their constituent units of sound and meaning, across time. [2] In the 21st century a subfield within linguistics , etymology has become a more rigorously scientific study. [ 1 ]
Considering the potential impact of central banks on climate change, it is important to consider the mandates of central banks. The mandate of a central bank can be narrow, meaning only a few objectives are given, limiting the ability of a central bank to include climate change in its policies. [20]
A definition states the meaning of a word using other words. This is sometimes challenging. Common dictionaries contain lexical descriptive definitions, but there are various types of definition – all with different purposes and focuses. A definition is a statement of the meaning of a term (a word, phrase, or other set of symbols).
Langenscheidt dictionaries in various languages A multi-volume Latin dictionary by Egidio Forcellini Dictionary definition entries. A dictionary is a listing of lexemes from the lexicon of one or more specific languages, often arranged alphabetically (or by consonantal root for Semitic languages or radical and stroke for logographic languages), which may include information on definitions ...