1.

Úvod

2.	Evropská centrální banka

3.	Co banka dělá

4.	Jak je organizována činnost banky

4.1.	Výkonná rada

4.2.	Rada guvernérů

4.3.	Generální rada

5.	Úkoly Evropské centrální banky

6.	Použité zdroje

"2. The European Central Bank
The Euroepan Central Bank was set up in 1998, under the Treaty on European Union, and it is based in Frankfurt. The European Central Bank is the central bank for Europe´s single currency, the euro.

3. What does the Bank do
The European Cenetral Bank´s main tasks is to maintain the euro´s purchasing power and thus price stability in the euro area. The European Central bank aims to ensure that the year on year increase in consumer prices is less than, but close to 2% over the medium term.
Since 1 January 1999 the European Central Bank has been responsible for conducting monetary policy for the euro area.
The legal basis for the single monetary policy is the Treaty establishing the European Community and the Statute of the European System of Central Banks and of the European Central Bank.
And it also does this in two ways. First, by controlling the money supply. If the money supply is excessive compared to the supply of goods and services, inflation will result. And second, by monitoring price trends and assessing the risk they pose to price stability in the euro area. Controlling the money supply involves, amongst other things, setting interest rates throughout the euro area. This is perhaps the Bank´s best-known activity.

4. How is the Bank´s work organized
The European Central Bank works in complete independence. Neither the European Central Bank, the national central banks of the Eurosystem, nor any member of their decision-making bodies can ask for or accept instruction from any other body.

The Executive Board
This consists of the President of the European Central Bank, the Vice-President and four other members, all appointed by common agreement of the presidents or prime ministers of the euro area countries. The Executive Board members, are appointed for a non-renewable term of 8 years.
The Executive Board is liable for implementing monetary policy, as defined by the Governing Council and for giving instructions to the national central banks. It also prepares the Governing Council meetings and is liable for the day to day management of the European Central Bank.

The Governing Council
The Governing Council is the European Central Bank´s highest decision-making body. It comprises the 6 members of the Executive Board and the governors of the 15 central banks of the euro zone and in particular to fix the interest rates at which the commercial banks can get money from the Central Bank.

The General Council"