What is another word for European Central Bank?

Pronunciation: [jˌʊ͡əɹəpˈi͡ən sˈɛntɹə͡l bˈaŋk] (IPA)

The European Central Bank (ECB) is an important institution for the European Union's monetary policy. Some synonyms for the ECB can be the European Monetary Institute, the European System of Central Banks, or simply, the Central Bank of Europe. These terms are often used interchangeably and refer to the same institution responsible for overseeing the monetary policy of the Eurozone countries. The ECB has a crucial role in maintaining price stability and ensuring economic growth in the Euro area. The bank's decisions impact not only member states' economies but also the global financial system. Therefore, the ECB is a significant player in the world of finance and economics.

Synonyms for European central bank:

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What are the hypernyms for European central bank?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with European central bank

  • We made a decision that monetary policy will be made by an independent European Central Bank.
    Gerhard Schroder
  • There is a European Central Bank, of course, established and it has the structure similar to the Federal Reserve system, not precisely the same but similar.
    Robert C. Solomon

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