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The First 5 Years Of Monetary Policy Of The Ecb

The first 5 years of monetary policy of the ECB

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Title: The first 5 years of monetary policy of the ECB

Essay Details:

Subject: Business

Author: Gail A

Date: April 23, 2015

Level: University

Grade: A

Length: 5 / 1409

Essay text:

The introduction of the euro and the establishment of the ECB were both realizations of the European Monetary Union. Three individual stages should lead to this European Monetary Union. 1. (1990) Restrictions on the movement of capital between Member States were abolished. 2. (1994) Strengthen central bank cooperation and monetary policy coordination and preparations required for the establishment of the European System of Central Banks (ESCB), consisting the ECB and the local national central banks of all EU Member States. 3. (1999) fixing of the exchange rates of the currencies of the Member States participating in Monetary Union...

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