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The Trichet-Draghi letter, also known as the letter of ECB to Italy, is a confidential correspondence by which, on 5 August 2011, the former and current ECB presidents Jean-Claude Trichet and Mario Draghi (outgoing Governor of the Bank of Italy) addressed to Italian government several requests in order to influence European support to drastic measures of economic rebalancing.
The term Troika has been widely used in Greece, Cyprus (Greek: τρόικα), [1] [2] Ireland, [3] Portugal, [4] and Spain [5] to refer to the consortium of the European Commission, the European Central Bank and the International Monetary Fund that provided a bailout to these states since 2010, and the financial measures and government policies that the three institutions have demanded to be ...
The ECB President, Economic and Monetary Affairs Commissioner and Chairman of the Eurogroup Working Group also attend the meetings. Members of the EU who choose not to participate in the Eurozone have been excluded from observer status.
The European Central Bank (ECB) is the only one among the 7 institutions that is also an international entity with treaty capability in its own right. It is at the centre of the European System of Central Banks which comprises all EU national banks.
Wim Duisenberg, first President of the ECB. The European Central Bank is the de facto successor of the European Monetary Institute (EMI). [7] The EMI was established at the start of the second stage of the EU's Economic and Monetary Union (EMU) to handle the transitional issues of states adopting the euro and prepare for the creation of the ECB and European System of Central Banks (ESCB). [7]
AMSTERDAM (Reuters) -The head of the chemical weapons watchdog said on Thursday he would ask Syria's new leaders to grant investigators access to the country to continue work identifying ...
WORCESTER, Mass. – Local police in this central Massachusetts city used excessive force and engaged in “outrageous” sexual contact with women during undercover operations, a two-year civil ...
European troika, the decision group formed by the European Commission (EC), the European Central Bank (ECB) and the International Monetary Fund (IMF) OSCE troika, the leadership of the Organization for Security and Co-operation in Europe: the chairman-in-office and the previous and incoming chairmen-in-office