European Central Bank

European Central Bank   (Central Bank)
Predecessor	European Monetary Institute
Parent organization	European Union
Headquarters	Frankfurt, Germany
Leader	President of the European Central Bank
Interest of	BlackRock
Subpage	•European Central Bank/Chief Economist •European Central Bank/Executive member •European Central Bank/President

The European Central Bank was set up to succeed the European Monetary Institute. As with the EMI, the leadership of ECB is dominated by members of the Bilderberg group.

 

Related Quotation

Page	Quote	Date
Delors committee	“The Delors Committee took on the responsibility of studying and proposing concrete steps toward the objective of a progressive realization of monetary union of the member states of the E.C. Such a union is desirable because it will enable us to take advantage of all the potential of the single market, to deal with uncertainties of rates of exchange, and to reduce costs. The Delors Committee did not set out to do an academic study but to respond to the very precise terms of reference of the Council of Ministers. The definition of monetary union chosen by the committee was the definition of the Werner Report of 1970, which said that monetary union was characterized by the total convertibility of the currencies, by free movement of capital, and by certain exchange rates that are irreversibly fixed.”	1989

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