The European Central Bank (ECB) is one of the world's most important central banks, responsible for monetary policy covering the 16 member States of the Eurozone. It was established by the European Union (EU) in 1998 with its headquarters in Frankfurt, Germany. Read more at Wikipedia
‘France must take deficit cuts seriously’
...crisis has forced the EU governments to adopt harsh austerity measures and tough economic reforms. CAH/HSN The president of Germany’s central bank Deutsche Bundesbank has urged France to take the newly imposed eurozone deficit reduction rules seriously....





![Nick Xanders, head of European equity strategy at BTIG: 'I still think the fundamentals [aren't good enough] to warrant the current stock prices, [but] the central bank intervention has more than offset that' - Published on 2013-05-10 08:02:00 by This Is Money](http://cache.daylife.com/imageserve/08Fw1jy0DX6VN/72x72.jpg)







