The European Central Bank - The Eurosystem - The European System of Central Banks

Contents Foreword by the President of the European Central Bank The road tEconomic and Monetary Union European integration Economic integration Convergence criteria Key characteristics of the eurarea Benefits of the eur8 Milestones Structure and tasks The European System of Central Banks and the Eurosystem The European Central Bank Tasks of the Eurosystem Independence National central banks Decision-making bodies of the ECB 16 ESCB Committees Monetary policy Price stability Monetary policy strategy of the ECB Monetary policy instruments Communication Monetary and financial statistics The Target 2 system Eurbanknotes and coins Banknotes Coins Banking supervision Glossary