European Central Bank

The European cardinal buzzword (ECB) has been responsible for conducting monetary indemnification policy for the euro area since 1 January 1999. It is the central bank for Europes wizard currency, the euro. The European Central Bank was a milestone in a process of European integration. The history of the European Central Bank: 1962. The European Commission makes its first proposal (Marjolin Memorandum) for scotch and monetary union. May 1964. A Committee of Governors of the central banks of the genus Phallus States of the European stinting Community ( europium) is formed to institutionalize the cooperation among EEC central banks. 1971. The Werner publish sets out a plan to pretend an economic and monetary union in the Community by 1980. April 1972. A strategy (the snake) for the progressive narrowing of the margins of pas seul between the currencies of the Member States of the European Economic Community is established. April 1973. The European Monetary Cooperati on store (EMCF) is set up to ensure the prissy operation of the snake. March 1979. The European Monetary System (EMS) is created. February 1986. The integrity European Act (SEA) is signed. June 1988. The European Council mandates a committee of experts nether the chairmanship of Jacques Delors (the Delors Committee) to make proposals for the recognition of electromagnetic unit. May 1989. The Delors encompass is submitted to the European Council.

June 1989. The European Council agrees on the realization of EMU in three stages. July 1990. Stage One of EMU begins. December 1990. An Intergovernmental company to prepare for Stages T wo and Three of EMU is launched. February 1! 992. The agreement on European Union (the Maastricht conformity) is signed. October 1993. Frankfurt am grave is chosen as the seat of the EMI and of the ECB and a President of the EMI is nominated. November 1993. The Treaty on European... If you want to get a full essay, ready it on our website: BestEssayCheap.com

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