The European Central Bank is the central bank for the euro and administers monetary policy of the Eurozone, which consists of 19 EU member states and is one of the largest currency areas in the world. Interest on reserves: -0.40% (Deposit facility) Currency: Euro (€); EUR (ISO 4217) President: Mario Draghi Headquarters: Frankfurt, Germany Bank rate: 0.00% (Main refinancing operations); 0.25% (Marginal lending facility) Founder: European Communities

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