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Other EU Structures

  • Barry Turner
Chapter
Part of the The Statesman’s Yearbook book series (SYBK)

Abstract

The ESCB is composed of the European Central Bank (ECB) and 27 National Central Banks (NCBs). The NCBs of the member states not participating in the euro area are members with special status; while they are allowed to conduct their respective national monetary policies, they do not take part in decision-making regarding the single monetary policy for the euro area and the implementation of these policies. The Governing Council of the ECB makes a distinction between the ESCB and the ‘Eurosystem’ which is composed of the ECB and the 15 fully participating NCBs.

Keywords

Monetary Policy Venture Capital Euro Area European Central Bank Governing Council 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 2008

Authors and Affiliations

  • Barry Turner

There are no affiliations available

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