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What activities are the Eurozone central banks permitted to do?
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Direct questions and answers, this room is not for general discussion please
Direct questions and answers, this room is not for general discussion please
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- Lemon Pip
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What activities are the Eurozone central banks permitted to do?
They can't engage in open market operations (unlike the ECB), they can only print Euro notes with the authorisation of the ECB, they implement ECB policy decisions, partake in ECB elections etc.
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- Lemon Quarter
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Re: What activities are the Eurozone central banks permitted to do?
Well the French "central" bank has three main missions which are...
Of course being in the EU means the bank doesn't decide the stuff that actually matters, that is done for them. C.Wikipedia wrote:...to drive the French monetary strategy, ensure financial stability and provide services to households, small and medium businesses and the French state.
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