Definition: Eurosystem

Balance of payments

Eurosystem shall mean the National Central Banks (NCBs) of the participating Member States and the European Central Bank (ECB) ("Participating Member State" shall mean a Member State which has adopted the single currency in accordance with the Treaty).
European Union, Recommendation of the European Central Bank of 16 July 2004 on the statistical reporting requirements of the European Central Bank in the field of balance of payments and international investment position statistics, and the international reserves template (ECB/2004/16)

Search box