MULTILATERAL ORGANISMS

MULTILATERAL ORGANISMS

1. What are they:

   • Organization composed of three or more United Nations Work together on related issues.
     • as they are:
       • BE
         • European Central Bank formed in 1998
           • With its main office in:
             • Fráncfort by Meno, Alemania
               • Takes care of:
                 • Define and implement the monetary policy of the euro zone, direct currency exchange operations, take care of the foreign reserves of the European System of Central Banks and promote the proper functioning of payment systems and financial market infrastructure
                   • Other tasks include collecting the statistical information needed to carry out its functions and contributing to financial stability and prudential supervision of the financial system. In addition, whenever the functions assigned to the Eurosystem require it, the ECB maintains close cooperative relations with international institutions and at European level.
             • Preceded by 19 central banks.

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