Institutions

European Central Bank

Also Known As ECB

Citation Formats

General Reference

Political Atlas. "European Central Bank." Accessed August 30, 2026. https://political.interactiveatlas.org/institutions/european-central-bank.

APA Style

Political Atlas. (n.d.). European Central Bank. Retrieved August 30, 2026, from https://political.interactiveatlas.org/institutions/european-central-bank

BibTeX

@misc{politicalatlas-european-central-bank,
  author = {Political Atlas},
  title = {European Central Bank},
  year = {2026},
  url = {https://political.interactiveatlas.org/institutions/european-central-bank},
  note = {Accessed August 30, 2026}
}

The European Central Bank sets monetary policy for the euro area as the central component of the Eurosystem and the wider European System of Central Banks, with price stability as its primary objective. It was established on 1 June 1998 under the Treaty on European Union (the Maastricht Treaty), formally replacing the European Monetary Institute as the eurozone entered the third stage of Economic and Monetary Union; it gained formal EU institution status under the Treaty of Lisbon in 2009. Wim Duisenberg, former president of the Dutch central bank, became its first President, an appointment settled by a gentleman's agreement after France had pushed for Jean-Claude Trichet, who succeeded Duisenberg in November 2003.

Facts

Founded Year

1998 1

Founded Date

1998-06-01 1

Headquarters

Frankfurt am Main, Germany 1

Cross-Tradition Connections

Associated With

France

This source names France directly: "by a gentleman's agreement after France had pushed for Jean-Claude Trichet, who succeeded Duisenberg in November 2003."

Source European Central Bank (Wikipedia)