THE EUROPEAN CENTRAL BANK

OMAR JULIAN HERN
Mind Map by OMAR JULIAN HERN, updated more than 1 year ago
OMAR JULIAN HERN
Created by OMAR JULIAN HERN almost 5 years ago
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mapa mental ECB

Resource summary

THE EUROPEAN CENTRAL BANK
1 HISTORY
1.1 Starting 1 Jul 1990:Increased co-operation between central banks
1.2 Starting 1 Jan 1994:Increased co-ordination of monetary policies
1.3 Starting 1 Jan 1999:Introduction of the euro
2 ORGANISATION
2.1 European System of Central Banks
2.1.1 Member States whether they have adopted the euro or not
2.2 Eurosystem
2.2.1 The Eurosystem comprises the ECB and the NCBs of those countries that have adopted the euro
2.3 Euro area
2.3.1 The euro area consists of the EU countries that have adopted the euro.
3 TASKS
3.1 The definition and implementation of monetary policy for the euro area
3.2 The conduct of foreign exchange operations
3.3 The holding and management of the official foreign reserves of the euro area countries
3.4 The promotion of the smooth operation of payment systems.
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