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European Central Bank | Topic Definition | Find the Meaning and Define the Answer of European Central Bank (Site not responding. Last check: 2007-10-25) |
 | | Its objectives and powers were politically established, but the decisions as to how those powers should best be used to achieve the objectives was left in the hands of the ECB itself. |
 | | However, as many national banks in the EU are outside the eurozone and independent (the Danmarks nationalmark or the Bank of England for instance), this argument could also apply to them. |
 | | The ECB does not publish or invite comments on its proposed decisions. |
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