Committee of Governors of the Central Banks of the Member States of the EEC

E88076

The Committee of Governors of the Central Banks of the Member States of the EEC was a coordinating body of national central bank heads in the European Economic Community that helped shape and oversee monetary and financial cooperation prior to the creation of the European Central Bank.


Statements (44)
Predicate Object
instanceOf European Community body
coordination body of central banks
intergovernmental monetary committee
alsoKnownAs Committee of Governors of the EEC Central Banks
EEC Committee of Central Bank Governors
appliesToJurisdiction European Economic Community
composition governors of the national central banks of the EEC
contributedTo development of a European monetary identity
framework for central bank cooperation later used by the ECB
harmonisation of monetary policy instruments
cooperatedWith Council of Ministers of the European Communities
European Commission
coordinationWith national central banks of EEC member states
country European Economic Community
dissolved 1994
fieldOfWork economic and monetary union
exchange rate policy
financial cooperation
monetary policy coordination
followedBy European Central Bank
hasMember central bank governors of EEC member states
inception 1964
jurisdiction member states of the European Economic Community
language English
French
location Brussels
memberOf institutional framework of the European Communities
operatedIn European Monetary System era
pre‑euro period
parentOrganization European Economic Community
partOf process leading to Economic and Monetary Union
purpose coordination of monetary policies of EEC member states
preparation for economic and monetary union in Europe
promotion of financial cooperation within the EEC
replaced earlier informal cooperation among central bank governors
replacedBy European Monetary Institute
role advisory body on monetary issues to EEC institutions
coordination of exchange rate policies
forum for consultation among national central bank governors
monitoring of monetary developments in the EEC
shortName Committee of Governors
significantEvent contribution to the design of the path towards EMU
involvement in the creation of the European Monetary System
preparatory work for the European Monetary Institute

Referenced by (5)
Subject (surface form when different) Predicate
Committee of Governors of the Central Banks of the Member States of the EEC ("Committee of Governors of the EEC Central Banks")
Committee of Governors of the Central Banks of the Member States of the EEC ("EEC Committee of Central Bank Governors")
alsoKnownAs
European Monetary System ("Committee of Governors of the Central Banks of the Member States of the European Economic Community")
coordinatedBy
Exchange Rate Mechanism
monitoredBy
European Currency Unit ("Committee of Governors of the Central Banks of the Member States")
regulator

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