The European Central Bank is the central bank of the Eurozone, a monetary union of 19 EU member states which employ the euro. Established by the Treaty of Amsterdam, the ECB is one of the world's most important central banks and serves as one of seven institutions of the European Union, being enshrined in the Treaty on European Union. Read More
The Euro on Tuesday slumped against the U.S. dollar, hitting a 20-year low of 1.029 dollars in the shadow of an economic recession in the euro zone. ...
