1 The European Central Bank (‘ECB’) is an institution of the European Union (‘EU’), which at the same time has legal personality under public international law as well as its own decision-making bodies. It was established in 1998 and is based in Frankfurt am Main, Germany. Being the core of the Eurosystem, ie the monetary authority of the euro area comprising the ECB and the national banks of those EU Member States which have adopted the euro, the Bank’s chief task is to conduct the common monetary policy for the euro area. In doing so, it is bound by the primary...
Users without a subscription are not able to see the full
to access all content.