European Central Bank (ECB) - Financial definition
Financial acronyms
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Concise definition of the term European Central Bank
The European Central Bank is the central bank for the countries of the eurozone, which counts 19 countries amongst the members of the European Union.
Comprehensive definition of the term European Central Bank
As a central bank, the ECB is responsible for the monetary policy of the euro area.
The ECB was created in 1998 and is headquartered in Frankfurt/Main (Germany).