The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.The euro was initially an electronic currency. Euro banknotes and coins were introduced three years later. Today, the euro is the currency of 20 EU countries and over 346 million Europeans. It is one of the most important currencies in the world and we at the European Central Bank are entrusted with safeguarding its value.

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