Recoge: 1. The ECB: structure, strategy and policy - 2. The ECB's strategy: an assessment - 3. Transparency, accountability and credibility of the ECB - 5. Centralization or descentralization - 6. New member countries - 7. Options for reform.
The adoption of the euro in 1999 by 11 member states of the European Union created a single currency area second in economic size only to the United States. The euro zone's monetary policy is now set by the European Central Bank (ECB) and its Governing Council rather than by ind…
"The adoption of the euro in 1999 by 11 member states of the European Union created a single currency area second in economic size only to the United States. The euro area's monetary policy is now set by the European Central Bank (ECB) and its Governing Council rather than by in…