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Against the background of the impending transition to monetary union in the European Union, which will entail the introduction of a single currency, this book describes the structure of the European System of Central Banks and gives an indepth analysis of the objectives, tasks and instruments of the European Central Bank (ECB). In his discussion of the institutional features of the ECB, the author emphasises how the future European monetary authority is firmly rooted in the legal framework of Community law. The consequences of a monetary split between members of the monetary union and States remaining outside are analysed. The author proposes solutions to the difficulties which such a division - if not strictly temporary, during the phasing-in of Member States which lack economic convergence with the single currency area - is likely to entail, for the functioning of the European Community

Banks and banking, Central --- Banques centrales --- Politique monétaire --- European Central Bank --- -Banks and banking, Central --- -341.17 ECB --- 341.17 ECB --- 333.139.2 --- 333.820 --- 333.111.1 --- T05 Banques centrales & BCE - Centrale banken & ECB --- -341.75111094 --- 332.11094 --- Uf6 --- Banker's banks --- Banks, Central --- Central banking --- Central banks --- European Central Bank; Europese centrale bank--ECB --- Bankcontrole en -reglementering. Reglementering van het bankberoep. --- Geldbeleid, bankbeleid en kredietbeleid: algemeenheden. --- Organieke wetten en statuten van centrale banken. --- -European Central Bank --- -European Central Bank. --- ECB --- Banque centrale européenne --- BCE --- Banco Central Europeo --- Banca centrale europea --- Europäische Zentralbank --- Európska centrálna banka --- 341.17 ECB European Central Bank; Europese centrale bank--ECB --- Politique monétaire --- Monetary policy --- 341.75111094 --- 333.111.0 --- 334.151.21 --- AA / International- internationaal --- EEC / European Union - EU -Europese Unie - Union Européenne - UE --- Banks and banking --- Law and legislation --- Algemeenheden. Theoretische en beschrijvende studies. Centrale banken --- Organieke wetten en statuten van centrale banken --- Bankcontrole en -reglementering. Reglementering van het bankberoep --- Geldbeleid, bankbeleid en kredietbeleid: algemeenheden --- Europese centrale bank. ESCB. Centrale banken --- European Central Bank. --- Theses --- Money. Monetary policy --- European Union --- Droit --- Banks and banking [Central ] --- European Union countries --- EZB --- Banks and banking, Central - Law and legislation - European Union countries --- Monetary policy - European Union countries --- Banks and banking, Central - European Union countries