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European Central Bank (ECB) |
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European Central Bank (ECB)Bank created to monitor the monetary policy of the 11 countries that have converted to the Euro from their local currencies. The 11 countries are: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain.European Central Bank (ECB) Similar MatchesEuropean style exerciseEuropean style exerciseA method of exercising options contracts in which the buyer can exercise the contract on the last day before expiration. Single European ActSingle European ActAct intended to eliminate barriers on trade and capital flows between and among European countries. European Monetary SystemEuropean Monetary SystemThe monetary system of the EC which attempts to reduce the currency variations between members. The EMS became operational on March 13th, 1979, as the successor to the 'snake in a tunnel'. Its aim was to create a zone of monetary stability in Europe. Its general principles were outlined at the Bremen Summit in July 1978, and the system was presented in detail at the Brussels Summit in December. The EMS consists of three mechanisms: the ERM; accounting and transaction mechanisms related to the ECU; and credit mechanisms to enable central banksą intervention in the currency markets. All the European Community countries belong to the EMS, although not all of them participate in the ERM. European Options Exchange (EOE)European Options Exchange (EOE)Now AEX-Optiebeurs. See: Amsterdam Exchanges (AEX). European CommunitiesEuropean CommunitiesThe name adopted in 1967 by the European Economic Community when it merged with the ECSC and Euratom. This name and the acronym EC was used until 1992 when it was replaced by European Union. Further SuggestionsEuropean Currency UnitEuropean Economic Community European Union (EU) European Payments Union European Free Trade Association European Currency Unit (ECU) European Association of Securities Dealers Automated Quotation (EASDAQ) European terms Central and Eastern European countries European Monetary System (EMS) New European Exchange (NEWEX) European, Australia, and Far East index (EAFE index) European exchange rate mechanism (ERM) European Community European Economic Area European Monetary System European Monetary Agreement European style option European Recovery Program European Exercise Single European Act European option European Association of Securities Dealers Automated Quotation |
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