Committee of Governors of the Central Banks of the Member States of the European Economic Community

Comité des gouverneurs des banques centrales des Etats membres de la Communauté économique européenne
Ausschuss der Präsidenten der Zentralbanken der Mitgliedstaaten der Europäischen Wirtschaftsgemeinschaft

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History

8 May 1964, Brussels (Belgium), by Decision (64/300/EEC) of the Council of the European Union on cooperation between the central banks of the Member States of European Community, amended by Decision (90/142/EEC) of 12 Mar 1990. A constituent body of European Communities (EC), to be consulted regarding institutional changes in the monetary area (Art 102 a of EEC Treaty as amended by the Single European Act which entered into force on 1 July 1987). Ceased to exist as of 1 Jan 1994, as foreseen under the Treaty on European Union (Maastricht Treaty), signed 7 Feb 1992; members have become members of the Council of European Monetary Institute (EMI), set up in the process towards European Economic and Monetary Union (EMU).

Aims

Promote coordination of monetary policies of the European Community member countries; foster cooperation between the European Community central banks.

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Activities

Holds consultations concerning general principles and broad lines of monetary policy, in particular as regards credit and the money and foreign exchange markets. Examines the most important measures falling within the competence of the central banks. Formulates opinions on the overall orientation of monetary and exchange rate policy and on the respective measures introduced in individual Member States. Monitors the functioning of the European Monetary System. Closely involved in implementing EMU, preparatory work for EMI, European Central Bank (ECB) and European System of Central Banks (ESCB).

Structure

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Languages

English, French, German.

Staff

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Financing

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Relations with Inter-Governmental Organizations

Relations with 1 inter-governmental organizations.
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Relations with Non-Governmental Organizations

Relations with 1 non-governmental organizations.
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Publications

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Members

Members in 12 countries
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Type I Classification

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Type II Classification

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Subjects *

  • Commerce
    • Banking
    • Money
  • Government
    • Nation State
    • Officials
  • Economics
    • Economic
  • Policy-making
    • Policy

UN Sustainable Development Goals **

GOAL 8: Decent Work and Economic GrowthGOAL 10: Reduced InequalityGOAL 16: Peace and Justice Strong Institutions

UIA Org ID

E7137

Last News Received

7. Jun 1993
* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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