European Central Bank

noun

1. the central bank of the European Union, established in 1998 to oversee the process of European Monetary Union and subsequently to direct monetary policy within the countries using the euro ECB

Example Sentences

Last week, the European Central Bank basically told Cyprus it could get a bailout only if it agreed to tax bank deposits.

From The Daily Beast

The people who designed the euro continue to run the European Central Bank.

From The Daily Beast

In Europe, the European Central Bank is a much newer institution, but still manages to engender strong feelings.

From The Daily Beast

And when the European Central Bank reconvened after its holiday, it seemed to do something positive.

From The Daily Beast

That limit is imposed not by markets, but by the European Central Bank.

From The Daily Beast