European Central Bank


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European Central Bank

n
(Banking & Finance) the central bank of the European Union, established in 1998 to oversee the process of European Monetary Union and subsequently to direct monetary policy within the countries using the euro. Abbreviation: ECB
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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Noun1.European Central Bank - the central bank of those members of the European Union who share a common currency; "The European Central Bank is Europe's equivalent of the Federal Reserve"
central bank - a government monetary authority that issues currency and regulates the supply of credit and holds the reserves of other banks and sells new issues of securities for the government
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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European Central Bank says it likely won't hike rates in 2019
A spokesman said, 'The European Central Bank has approved Ford Credit Europe (FCE) Bank's application for a banking license in Germany.
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RCB has been supervised directly by the European Central Bank in coordination with the Central Bank of Cyprus under the Single Supervisory Mechanism since November 2014.
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He said he could not act on the European Central Bank (ECB)'s claim that it infringed legal privileges and immunities.
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To encourage sober deliberation, Merkel should have urged the European Central Bank to keep Greek banks open during the run-up to the referendum.
Merkel Flunks The Greek Test
The euro is still down more than 8 cents against the dollar since the start of this year, post the aggressive selling linked to the quantitative easing programme the European Central Bank unveiled on January 22.
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European central banks, governments and financial institutions are looking for ways to prevent banks from threatening economic stability and requiring rescue from taxpayers in the future.
European Policymakers Battle Black Holes in Bank Balance Sheets

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