Definitions for eurosystem
eu·rosys·tem

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1. Eurosystem

   The Eurosystem is the monetary authority of the eurozone, the collective of European Union member states that have adopted the euro as their sole official currency. The Eurosystem consists of the European Central Bank and the central banks of the member states that belong to the eurozone. The primary objective of the Eurosystem is price stability. Secondary objectives are financial stability and financial integration. The mission statement of the Eurosystem says that the ECB and the national central banks jointly contribute to achieving the objectives. The Eurosystem is distinct from the European System of Central Banks, which is the group of central banks that includes the ECB and the central banks of all European Union member states, including those of countries not included in the eurozone. The ESCB's objective is price stability throughout the European Union. Secondarily, the ESCB's goal is to improve monetary and financial cooperation between the Eurosystem and the member states outside the eurozone.

How to pronounce eurosystem?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say eurosystem in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of eurosystem in Chaldean Numerology is: 4

2. Pythagorean Numerology

   The numerical value of eurosystem in Pythagorean Numerology is: 7

Examples of eurosystem in a Sentence

1. Yves Mersch:

   From a central bank perspective, in the context of our strategic reflections on the future of the Eurosystem’s market infrastructures, we are certainly open to new technologies and, like many market players, have launched some experimental work with DLT.

2. European Central Bank:

   A number of reservations were expressed with regard to the proposed increase in the borrowing allowance to 60%, related, in particular, to concerns that it would make banks increasingly dependent on the Eurosystem, against this background, broad agreement was reached to raise the borrowing allowance to 55% of the stock of eligible loans.

3. Philip Lane:

   The ECB and the Eurosystem have many excellent monetary economists, so everything is considered at some level, but these measures are not part of our current toolbox. Our active toolbox is a combination of our short term rates, asset purchases, targeted lending and our forward guidance.

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References

1. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=eurosystem