Trade, logistics and payments
ECB
Abbreviation for European Central Bank
In short and in plain language
The ECB is the central bank for many countries in Europe.
These countries share the same money.
The ECB works to keep prices stable. It also puts out figures on how people pay.
Definition
The ECB is the central bank of the euro area. It works to keep prices stable in the euro area and contributes to the safety and soundness of the European banking system. It also publishes payment statistics.