{"id":306,"date":"2013-02-12T15:45:27","date_gmt":"2013-02-12T15:45:27","guid":{"rendered":"http:\/\/hum.port.ac.uk\/europeanstudieshub\/?page_id=306"},"modified":"2017-05-09T09:17:34","modified_gmt":"2017-05-09T09:17:34","slug":"the-european-central-bank-ecb","status":"publish","type":"page","link":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/learning\/module-1-understanding-eu-institutions\/the-european-central-bank-ecb\/","title":{"rendered":"The European Central Bank (ECB)"},"content":{"rendered":"<p style=\"text-align: center;\"><iframe loading=\"lazy\" src=\"https:\/\/maps.google.co.uk\/maps?hl=en&amp;ie=UTF8&amp;q=european+central+bank+frankfurt&amp;fb=1&amp;gl=uk&amp;hq=european+central+bank+frankfurt&amp;hnear=european+central+bank+frankfurt&amp;cid=0,0,14856882891074912253&amp;t=m&amp;layer=c&amp;cbll=50.110025,8.673857&amp;panoid=KNj1NnC4YGAg8t3KMWjZfA&amp;cbp=11,232.41,,0,0.21&amp;source=embed&amp;ll=50.104134,8.673384&amp;spn=0.005505,0.012875&amp;z=16&amp;output=svembed\" width=\"600\" height=\"400\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><br \/>\n<small><a style=\"color: #0000ff; text-align: left;\" href=\"https:\/\/maps.google.co.uk\/maps?hl=en&amp;ie=UTF8&amp;q=european+central+bank+frankfurt&amp;fb=1&amp;gl=uk&amp;hq=european+central+bank+frankfurt&amp;hnear=european+central+bank+frankfurt&amp;cid=0,0,14856882891074912253&amp;t=m&amp;layer=c&amp;cbll=50.110025,8.673857&amp;panoid=KNj1NnC4YGAg8t3KMWjZfA&amp;cbp=11,232.41,,0,0.21&amp;source=embed&amp;ll=50.104134,8.673384&amp;spn=0.005505,0.012875&amp;z=16\" target=\"_blank\" rel=\"noopener noreferrer\">View larger map of Frankfurt<\/a><\/small><\/p>\n<p>The European Central Bank manages the Euro currency for the 19 countries that have adopted it and seeks to maintain price stability in the EU.<\/p>\n<p>It has a number of key tasks in the management of financial stability in the EU (not just in the countries of the Euro), such as controlling the supply of money in the EU and watching for dangerous patterns of price inflation and deflation.<\/p>\n<p>The President of the ECB (currently <a href=\"http:\/\/www.ecb.europa.eu\/ecb\/orga\/decisions\/html\/cvdraghi.en.html\" target=\"_blank\" rel=\"noopener noreferrer\">Mario Draghi<\/a>) is appointed and is politically independent, which has, however, attracted criticisms regarding the his\/her lack of accountability.<\/p>\n<p>Click on\u00a0<a href=\"http:\/\/europa.eu\/about-eu\/institutions-bodies\/ecb\/index_en.htm\" target=\"_blank\" rel=\"noopener noreferrer\">this link to find out more about the ECB<\/a><\/p>\n<ul>\n<li>Have a look at the major tasks of the ECB &#8211; what are they?<\/li>\n<li>Notice the difference between the ESCB and the Eurosystem<\/li>\n<li>Notice how these differences are reflected in the way the Bank is structured<\/li>\n<li>Is the ECB independent?<\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.ecb.int\/pub\/pdf\/other\/ecbhistoryrolefunctions2004en.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Further information on the ECB can be\u00a0found here<\/a>.<\/p>\n<h2>General government debt in euros<\/h2>\n<p><iframe loading=\"lazy\" src=\"http:\/\/www.google.co.uk\/publicdata\/embed?ds=ds22a34krhq5p_&amp;ctype=m&amp;strail=false&amp;bcs=d&amp;nselm=h&amp;met_s=gd_mio_eur&amp;scale_s=lin&amp;ind_s=false&amp;idim=country:at:be:hr:bg:cy:dk:ee:fi:de:is:mt:sk:cz:mk:fr:el:hu:it:ie:lv:lu:no:nl:pt:ro:si:es:se:tr:uk&amp;ifdim=country&amp;tunit=Y&amp;pit=1298073600000&amp;hl=en_US&amp;dl=en_US&amp;ind=false&amp;xMax=64.19964925499994&amp;xMin=-47.77300699500006&amp;yMax=26.683031219792454&amp;yMin=65.81008492740008&amp;mapType=t&amp;icfg&amp;iconSize=0.43\" width=\"660\" height=\"536\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/hum.port.ac.uk\/europeanstudieshub\/learning\/module-1-understanding-eu-institutions\/the-european-external-action-service-eeas\/\">&lt;&lt; Previous <\/a>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<a href=\"http:\/\/hum.port.ac.uk\/europeanstudieshub\/learning\/module-1-understanding-eu-institutions\/the-court-of-auditors\/\">Next &gt;&gt;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>View larger map of Frankfurt The European Central Bank manages the Euro currency for the 19 countries that have adopted it and seeks to maintain price stability in the EU. It has a number of key tasks in the management of financial stability in the EU (not just in the countries of the Euro), such<\/p>\n<div class=\"read-more-wrapper\"><a class=\"read-more\" href=\"https:\/\/hum.port.ac.uk\/europeanstudieshub\/learning\/module-1-understanding-eu-institutions\/the-european-central-bank-ecb\/\" title=\"Read More\"> <span class=\"button \">Read More<\/span><\/a><\/div>\n","protected":false},"author":1,"featured_media":0,"parent":341,"menu_order":9,"comment_status":"open","ping_status":"open","template":"","meta":{"footnotes":""},"class_list":["post-306","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The European Central Bank (ECB) - European Studies Hub<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hum.port.ac.uk\/europeanstudieshub\/learning\/module-1-understanding-eu-institutions\/the-european-central-bank-ecb\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The European Central Bank (ECB) - European Studies Hub\" \/>\n<meta property=\"og:description\" content=\"View larger map of Frankfurt The European Central Bank manages the Euro currency for the 19 countries that have adopted it and seeks to maintain price stability in the EU. It has a number of key tasks in the management of financial stability in the EU (not just in the countries of the Euro), such Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/hum.port.ac.uk\/europeanstudieshub\/learning\/module-1-understanding-eu-institutions\/the-european-central-bank-ecb\/\" \/>\n<meta property=\"og:site_name\" content=\"European Studies Hub\" \/>\n<meta property=\"article:modified_time\" content=\"2017-05-09T09:17:34+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@UoPEuropeanSt\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/hum.port.ac.uk\\\/europeanstudieshub\\\/learning\\\/module-1-understanding-eu-institutions\\\/the-european-central-bank-ecb\\\/\",\"url\":\"https:\\\/\\\/hum.port.ac.uk\\\/europeanstudieshub\\\/learning\\\/module-1-understanding-eu-institutions\\\/the-european-central-bank-ecb\\\/\",\"name\":\"The European Central Bank (ECB) - European Studies Hub\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/hum.port.ac.uk\\\/europeanstudieshub\\\/#website\"},\"datePublished\":\"2013-02-12T15:45:27+00:00\",\"dateModified\":\"2017-05-09T09:17:34+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/hum.port.ac.uk\\\/europeanstudieshub\\\/learning\\\/module-1-understanding-eu-institutions\\\/the-european-central-bank-ecb\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/hum.port.ac.uk\\\/europeanstudieshub\\\/learning\\\/module-1-understanding-eu-institutions\\\/the-european-central-bank-ecb\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/hum.port.ac.uk\\\/europeanstudieshub\\\/learning\\\/module-1-understanding-eu-institutions\\\/the-european-central-bank-ecb\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Learning home page\",\"item\":\"https:\\\/\\\/hum.port.ac.uk\\\/europeanstudieshub\\\/learning\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Module 1: Understanding EU Institutions\",\"item\":\"https:\\\/\\\/hum.port.ac.uk\\\/europeanstudieshub\\\/learning\\\/module-1-understanding-eu-institutions\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"The European Central Bank (ECB)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/hum.port.ac.uk\\\/europeanstudieshub\\\/#website\",\"url\":\"https:\\\/\\\/hum.port.ac.uk\\\/europeanstudieshub\\\/\",\"name\":\"European Studies Hub\",\"description\":\"Bringing together interactive learning tools and resources to help students and researchers better understand and engage with the European Union.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/hum.port.ac.uk\\\/europeanstudieshub\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The European Central Bank (ECB) - European Studies Hub","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/learning\/module-1-understanding-eu-institutions\/the-european-central-bank-ecb\/","og_locale":"en_US","og_type":"article","og_title":"The European Central Bank (ECB) - European Studies Hub","og_description":"View larger map of Frankfurt The European Central Bank manages the Euro currency for the 19 countries that have adopted it and seeks to maintain price stability in the EU. It has a number of key tasks in the management of financial stability in the EU (not just in the countries of the Euro), such Read More","og_url":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/learning\/module-1-understanding-eu-institutions\/the-european-central-bank-ecb\/","og_site_name":"European Studies Hub","article_modified_time":"2017-05-09T09:17:34+00:00","twitter_card":"summary_large_image","twitter_site":"@UoPEuropeanSt","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/learning\/module-1-understanding-eu-institutions\/the-european-central-bank-ecb\/","url":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/learning\/module-1-understanding-eu-institutions\/the-european-central-bank-ecb\/","name":"The European Central Bank (ECB) - European Studies Hub","isPartOf":{"@id":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/#website"},"datePublished":"2013-02-12T15:45:27+00:00","dateModified":"2017-05-09T09:17:34+00:00","breadcrumb":{"@id":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/learning\/module-1-understanding-eu-institutions\/the-european-central-bank-ecb\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/hum.port.ac.uk\/europeanstudieshub\/learning\/module-1-understanding-eu-institutions\/the-european-central-bank-ecb\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/learning\/module-1-understanding-eu-institutions\/the-european-central-bank-ecb\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Learning home page","item":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/learning\/"},{"@type":"ListItem","position":2,"name":"Module 1: Understanding EU Institutions","item":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/learning\/module-1-understanding-eu-institutions\/"},{"@type":"ListItem","position":3,"name":"The European Central Bank (ECB)"}]},{"@type":"WebSite","@id":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/#website","url":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/","name":"European Studies Hub","description":"Bringing together interactive learning tools and resources to help students and researchers better understand and engage with the European Union.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/wp-json\/wp\/v2\/pages\/306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/wp-json\/wp\/v2\/comments?post=306"}],"version-history":[{"count":17,"href":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/wp-json\/wp\/v2\/pages\/306\/revisions"}],"predecessor-version":[{"id":4235,"href":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/wp-json\/wp\/v2\/pages\/306\/revisions\/4235"}],"up":[{"embeddable":true,"href":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/wp-json\/wp\/v2\/pages\/341"}],"wp:attachment":[{"href":"https:\/\/hum.port.ac.uk\/europeanstudieshub\/wp-json\/wp\/v2\/media?parent=306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}