The ECB is the central bank which monitors the monetary policy of the Eurozone, with the main objective being to maintain price stability.
The ECB's headquarters are in Frankfurt, Germany. The owners and principal shareholders of the European Central Bank, are the central banks not just of the 19 eurozone countries, but of the 28 member states of the EU. Mario Draghi, formerly Italy's central bank head, is the current ECB president. This page is a collection of DW's latest content on the ECB.
After German banks passed last week's ECB stress tests, there is still no business as usual. The two biggest German lenders, Deutsche Bank and Commerzbank, finished at the bottom of the table. Even though they would survive a crash, Germany's financial sector is not out of the woods.