feu_926752 - EUROPEAN CENTRAL BANK 1 Cent Euro biface - double face commune n.d.

EUROPEAN CENTRAL BANK

The ECB's function is to manage the single European coin, the Euro. Its action is not only physical - choice of types and manufacture of banknotes - but above all economic with the control of the coin supply and the choice of interest rates. Decisions are taken by a Council bringing together ECB officials and representatives of Central Banks of European countries participating in the euro zone..