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The Monthly Bulletin provides a detailed overview of recent economic and monetary developments in the euro area in the form of text and statistics.
ECB - Publications
Description: A comprehensive 200-page overview of the ECB from its inception in June 1998 until the present day. The author was a senior manager of the European Monetary Institute (EMI) and, until his retirement, of the ECB. 6. The ECB as a corporate entity: excerpts from the Treaty establishing the European Community, the Protocol on the Statute of the ESCB and of the ECB. Bibliography, glossary. A comprehensive 370-page insight into the handling of financial transactions, the functioning of financial market infrastructure, and the role of the Eurosystem.
Financial stability can be defined as a condition in which the financial system – comprising of financial intermediaries, markets and market infrastructures – is capable of withstanding shocks, thereby reducing the likelihood of disruptions in the financial intermediation process which are severe enough to significantly impair the allocation of savings to profitable investment opportunities. The three parts of the financial system: financial intermediaries , such as banks, insurance companies and other institutional investors that direct funds from those willing to invest/lend to those who want to borrow. financial markets , where lenders and borrowers meet. Examples are money markets and stock exchanges. financial market infrastructures through which money and financial assets flow between buyers and sellers.
Financial Stability Review
Producing enough food to feed the world’s growing population will require the sustainable use of water, the world’s "most critical finite resource," said UN Secretary-General Ban Ki-moon during a ceremony at FAO to mark World Water Day. Each March 22, the UN-Water partnership celebrates the Day as a way to focus public attention on the need to sustainably manage the world’s freshwater resources. The theme of the Day this year is "Water and food security". [ more... ]
