European Central Bank, European System of Central Banks and the Eurosystem

European Central Bank

The European Central Bank (ECB) has been responsible for conducting monetary policy for the euro area since 1999. The ECB's main task is to maintain the euro's purchasing power and price stability in the euro area.

The Eurosystem comprises the ECB and the national central banks of these countries that have adopted the euro. The Central Bank of Ireland represents Ireland in the Eurosystem.

The European System of Central Banks (ESCB) comprises the ECB and the national central banks of all EU Member States whether they have adopted the euro or not. The Eurosystem and ESCB will coexist as long as there are EU member states outside the Euro area.

Find out more by visiting the ECB website.

Educational Games

What is monetary policy? How does inflation affect our economy? Find out by playing some of the ECB's interactive games on our Education webpages.

 €CONOMIA  Inflation Island  Find Security Features   Euro Cash Academy


 Inflation Island Click to play game about Euro currency Euro Cash Academy

Internal Auditors Committee

The Internal Auditors Committee (IAC) is the internal audit function for the Eurosystem and European System of Central Banks (ESCB).

The IAC, in accordance with the Eurosystem and ESCB Audit Charter, assists in the achievement of Eurosystem and ESCB objectives by providing independent, objective assurance and consulting services designed to add value and improve the performance of Eurosystem and ESCB tasks and activities.

Our Monetary Policy section has more information on monetary policy and the Eurosystem.

More Facts About the European System of Central Banks, the European Central Bank and the Eurosystem.

 'Facts' - a collection of powerpoint slides on central banking in Europe.