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.
Eurozone finance ministers have approved a third bailout package for Greece - up to 86 billion euros in exchange for tax increases and spending cuts. The first installment could be paid as early as next week to help Greece with an upcoming debt repayment to the ECB.