The European Central Bank

The European Central Bank (ECB) is the main financial authority for the Eurozone, responsible for managing the euro currency and maintaining price stability across member countries. It sets interest rates, controls money supply, and supervises banks to ensure financial stability and confidence. The ECB’s goal is to prevent inflation from rising too high and to support economic growth in the region. It operates independently from governments, making decisions based on economic data to keep the euro stable and secure for millions of people and businesses.