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European Central Bank | ORGANIZATION

 

The European Central Bank (ECB) is one of the world's most important central banks, responsible for monetary policy covering the 16 member States of the Eurozone. It was established by the European Union (EU) in 1998 with its headquarters in Frankfurt, Germany.

Read the full background at Wikipedia

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European Central Bank ECB chief Jean-Claude Trichet (R) shakes hands with International Monetary Fund Managing Director Dominique Strauss-Kahn (L) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

European Central Bank ECB chief Jean-Claude Trichet (R) shakes hands with International Monetary Fund Managing Director Dominique Strauss-Kahn (L) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

AFP 

European Central Bank ECB chief Jean-Claude Trichet (L)  speaks with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

European Central Bank ECB chief Jean-Claude Trichet (L) speaks with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

AFP 

President of the European Central Bank Jean Claude Trichet, right, speaks with Managing Director of the IMF Dominique Strauss-Kahn during a meeting on 'Building a Crisis Framework for the Internal Market' at EU headquarters in Brussels, Friday March 19, 2010. In a Friday speech, European Central Bank President Jean Claude Trichet said the credit default swaps market needs to be more transparent to regulators and investors. EU regulators have threatened to ban the use of the naked credit default swaps on government debt to prevent investors buying swaps and they blame swaps traders for unfairly increasing pressure on Greek borrowing costs.

President of the European Central Bank Jean Claude Trichet, right, speaks with Managing Director of the IMF Dominique Strauss-Kahn during a meeting on 'Building a Crisis Framework for the Internal Market' at EU headquarters in Brussels, Friday March 19, 2010. In a Friday speech, European Central Bank President Jean Claude Trichet said the credit default swaps market needs to be more transparent to regulators and investors. EU regulators have threatened to ban the use of the naked credit default swaps on government debt to prevent investors buying swaps and they blame swaps traders for unfairly increasing pressure on Greek borrowing costs.

AP 

European Central Bank ECB chief Jean-Claude Trichet (L)  speaks with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

European Central Bank ECB chief Jean-Claude Trichet (L) speaks with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

AFP 

European Central Bank ECB chief Jean-Claude Trichet (L) shares a light moment with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

European Central Bank ECB chief Jean-Claude Trichet (L) shares a light moment with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

AFP 

European Central Bank ECB chief Jean-Claude Trichet (L)  speaks with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

European Central Bank ECB chief Jean-Claude Trichet (L) speaks with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

AFP 

Managing Director of the IMF Dominique Strauss-Kahn pauses before speaking during a meeting on 'Building a Crisis Framework for the Internal Market' at EU headquarters in Brussels, Friday March 19, 2010. In a Friday speech, European Central Bank President Jean Claude Trichet said the credit default swaps market needs to be more transparent to regulators and investors. EU regulators have threatened to ban the use of the naked credit default swaps on government debt to prevent investors buying swaps and they blame swaps traders for unfairly increasing pressure on Greek borrowing costs.

Managing Director of the IMF Dominique Strauss-Kahn pauses before speaking during a meeting on 'Building a Crisis Framework for the Internal Market' at EU headquarters in Brussels, Friday March 19, 2010. In a Friday speech, European Central Bank President Jean Claude Trichet said the credit default swaps market needs to be more transparent to regulators and investors. EU regulators have threatened to ban the use of the naked credit default swaps on government debt to prevent investors buying swaps and they blame swaps traders for unfairly increasing pressure on Greek borrowing costs.

AP 

European Central Bank ECB chief Jean-Claude Trichet (L)  speaks with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

European Central Bank ECB chief Jean-Claude Trichet (L) speaks with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

AFP 

European Central Bank ECB chief Jean-Claude Trichet (L)  speaks with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

European Central Bank ECB chief Jean-Claude Trichet (L) speaks with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

AFP 

EU Internal Market and Services Michel Barnier (L) speaks with European Central Bank ECB chief Jean-Claude Trichet (C) and International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

EU Internal Market and Services Michel Barnier (L) speaks with European Central Bank ECB chief Jean-Claude Trichet (C) and International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

AFP 

European Central Bank ECB chief Jean-Claude Trichet (L)  speaks with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

European Central Bank ECB chief Jean-Claude Trichet (L) speaks with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

AFP 

EU Internal Market and Services Michel Barnier (L) speaks with European Central Bank ECB chief Jean-Claude Trichet (C) and International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

EU Internal Market and Services Michel Barnier (L) speaks with European Central Bank ECB chief Jean-Claude Trichet (C) and International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

AFP 

EU Internal Market and Services Michel Barnier (L) speaks with European Central Bank ECB chief Jean-Claude Trichet (C) and International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

EU Internal Market and Services Michel Barnier (L) speaks with European Central Bank ECB chief Jean-Claude Trichet (C) and International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

AFP 

International Monetary Fund Managing Director Dominique Strauss-Kahn arrives for a Conference on the construction of a new crisis management framework in the banking with European Central Bank ECB chief Jean-Claude Trichet and EU Internal Market and Services Michel Barnier (unseen) at the EU headquarters in Brussels on March 19, 2010.

International Monetary Fund Managing Director Dominique Strauss-Kahn arrives for a Conference on the construction of a new crisis management framework in the banking with European Central Bank ECB chief Jean-Claude Trichet and EU Internal Market and Services Michel Barnier (unseen) at the EU headquarters in Brussels on March 19, 2010.

AFP 

European Commissioner for the Internal Market Michel Barnier speaks during a meeting on 'Building a Crisis Framework for the Internal Market' at EU headquarters in Brussels, Friday March 19, 2010. In a Friday speech, European Central Bank President Jean Claude Trichet said the credit default swaps market needs to be more transparent to regulators and investors. EU regulators have threatened to ban the use of the naked credit default swaps on government debt to prevent investors buying swaps and they blame swaps traders for unfairly increasing pressure on Greek borrowing costs.

European Commissioner for the Internal Market Michel Barnier speaks during a meeting on 'Building a Crisis Framework for the Internal Market' at EU headquarters in Brussels, Friday March 19, 2010. In a Friday speech, European Central Bank President Jean Claude Trichet said the credit default swaps market needs to be more transparent to regulators and investors. EU regulators have threatened to ban the use of the naked credit default swaps on government debt to prevent investors buying swaps and they blame swaps traders for unfairly increasing pressure on Greek borrowing costs.

AP 

President of the European Central Bank Jean Claude Trichet pauses before speaking during a meeting on 'Building a Crisis Framework for the Internal Market' at EU headquarters in Brussels, Friday March 19, 2010. In a Friday speech, European Central Bank President Jean Claude Trichet said the credit default swaps market needs to be more transparent to regulators and investors. EU regulators have threatened to ban the use of the naked credit default swaps on government debt to prevent investors buying swaps and they blame swaps traders for unfairly increasing pressure on Greek borrowing costs.

President of the European Central Bank Jean Claude Trichet pauses before speaking during a meeting on 'Building a Crisis Framework for the Internal Market' at EU headquarters in Brussels, Friday March 19, 2010. In a Friday speech, European Central Bank President Jean Claude Trichet said the credit default swaps market needs to be more transparent to regulators and investors. EU regulators have threatened to ban the use of the naked credit default swaps on government debt to prevent investors buying swaps and they blame swaps traders for unfairly increasing pressure on Greek borrowing costs.

AP 

President of the European Central Bank Jean Claude Trichet, left, speaks with Managing Director of the IMF Dominique Strauss-Kahn during a meeting on 'Building a Crisis Framework for the Internal Market' at EU headquarters in Brussels, Friday March 19, 2010. In a Friday speech, European Central Bank President Jean Claude Trichet said the credit default swaps market needs to be more transparent to regulators and investors. EU regulators have threatened to ban the use of the naked credit default swaps on government debt to prevent investors buying swaps and they blame swaps traders for unfairly increasing pressure on Greek borrowing costs.

President of the European Central Bank Jean Claude Trichet, left, speaks with Managing Director of the IMF Dominique Strauss-Kahn during a meeting on 'Building a Crisis Framework for the Internal Market' at EU headquarters in Brussels, Friday March 19, 2010. In a Friday speech, European Central Bank President Jean Claude Trichet said the credit default swaps market needs to be more transparent to regulators and investors. EU regulators have threatened to ban the use of the naked credit default swaps on government debt to prevent investors buying swaps and they blame swaps traders for unfairly increasing pressure on Greek borrowing costs.

AP 

European Central Bank president Jean Claude Trichet grimaces during a coffee break prior to the second session of the ECOFIN council on March 16, 2010 at the EU headquarters in Brussels.

European Central Bank president Jean Claude Trichet grimaces during a coffee break prior to the second session of the ECOFIN council on March 16, 2010 at the EU headquarters in Brussels.

AFP 

European Central Bank president Jean Claude Trichet reads a newspaper during a coffee break prior to the second session of the ECOFIN council on March 16, 2010 at the EU headquarters in Brussels.

European Central Bank president Jean Claude Trichet reads a newspaper during a coffee break prior to the second session of the ECOFIN council on March 16, 2010 at the EU headquarters in Brussels.

AFP 

European Central Bank president Jean Claude Trichet reads a newspaper during a coffee break prior to the second session of the ECOFIN council on March 16, 2010 at the EU headquarters in Brussels.

European Central Bank president Jean Claude Trichet reads a newspaper during a coffee break prior to the second session of the ECOFIN council on March 16, 2010 at the EU headquarters in Brussels.

AFP 

European Central Bank ECB chief Jean-Claude Trichet (R) shakes hands with International Monetary Fund Managing Director Dominique Strauss-Kahn (L) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

European Central Bank ECB chief Jean-Claude Trichet (R) shakes hands with International Monetary Fund Managing Director Dominique Strauss-Kahn (L) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

AFP 

European Central Bank ECB chief Jean-Claude Trichet (L)  speaks with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

European Central Bank ECB chief Jean-Claude Trichet (L) speaks with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

AFP 

President of the European Central Bank Jean Claude Trichet, right, speaks with Managing Director of the IMF Dominique Strauss-Kahn during a meeting on 'Building a Crisis Framework for the Internal Market' at EU headquarters in Brussels, Friday March 19, 2010. In a Friday speech, European Central Bank President Jean Claude Trichet said the credit default swaps market needs to be more transparent to regulators and investors. EU regulators have threatened to ban the use of the naked credit default swaps on government debt to prevent investors buying swaps and they blame swaps traders for unfairly increasing pressure on Greek borrowing costs.

President of the European Central Bank Jean Claude Trichet, right, speaks with Managing Director of the IMF Dominique Strauss-Kahn during a meeting on 'Building a Crisis Framework for the Internal Market' at EU headquarters in Brussels, Friday March 19, 2010. In a Friday speech, European Central Bank President Jean Claude Trichet said the credit default swaps market needs to be more transparent to regulators and investors. EU regulators have threatened to ban the use of the naked credit default swaps on government debt to prevent investors buying swaps and they blame swaps traders for unfairly increasing pressure on Greek borrowing costs.

AP 

European Central Bank ECB chief Jean-Claude Trichet (L)  speaks with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

European Central Bank ECB chief Jean-Claude Trichet (L) speaks with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

AFP 

European Central Bank ECB chief Jean-Claude Trichet (L) shares a light moment with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

European Central Bank ECB chief Jean-Claude Trichet (L) shares a light moment with International Monetary Fund Managing Director Dominique Strauss-Kahn (R) before the Conference on the construction of a new crisis management framework in the banking at the EU headquarters in Brussels on March 19, 2010.

AFP 

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