asked 234k views
2 votes
What does the European Central Bank (ECB) and the Eurogroup
manage in economic/monetary terms?

asked
User ABV
by
7.8k points

1 Answer

6 votes

Financial and economic stability is controlled and enforced by the European Central Bank (ECB).

Explanation:

The main goal is to control markets and to promote economic growth as well as the development of jobs.

Specifies the inflation it loans to the Euro-zone financial institutions, thus regulating money supply and prices.

  • Managed financial assets of the euro and the sales and acquisition of assets to align market prices.
  • Secure the European financial framework and maintain its sustainability.
  • Controlling market trends and assessing controlling inflation threats.
  • Authorizes Euro coin manufacturing by Euro area countries.
answered
User Gabriel G
by
8.5k points
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