15 15 15 19 21 22 28 29 30 CENTRALBANKVIRKSOMHED I ØMU - JURIDISKE , INSTITUTIONELLE OG ORGANISATORISKE ASPEKTER 2.1 ECB , ESCB og eurosystemet 2.1.1 ESCB og eurosystemet som institutionelt forbindelsesled mellem ECB og de nationale centralbanker 2.1.2 ECB som en specialiseret organisation i fællesskabsretten 2.1.3 Euroområdets nationale centralbanker er en integrerende del af eurosystemet 2.1.4 De nationale centralbanker i de ikke-deltagende EU-lande 2.2 Målsætninger 2.2.1 Hovedmålet er prisstabilitet 2.2.2 Støtten til de generelle økonomiske politikker 2.2.3 Princippet om en åben markedsøkonomi 2.3 Tildeling af opgaver i henhold til traktaten 2.3.1 Eurosystemets grundlæggende opgaver 2.3.2 Andre opgaver 2.4 Centraliseret beslutningstagning og operationel decentralisering 2.5 ECBs rolle i eurosystemet 2.5.1 Centrum for beslutningstagningen i ESCB og Eurosystemet 2.5.2 Konsekvent gennemførelse af de politiske beslutninger 2.5.3 ECBs lovgivningsmæssige beføjelser 2.5.4 ECBs rådgivende aktiviteter
CONTENTS A B B R E V I AT I O N S A N D A C RO N Y M S F O R E WO R D A C K N OW L E D G E M E N T S I N T RO D U C T I O N CHAPTER 1 E M U , t h e E C B a n d t h e e u ro 1.1 The road to EMU and the euro 1.1.1 First steps towards European monetary integration 1.1.2 The European Monetary System and the Single European Act 1.1.3 The Treaty on European Union 1.1.4 The realisation of EMU and the changeover to the euro 1.2 Legal basis and characteristics of EMU 1.2.1 Legal basis 1.2.2 Characteristics CHAPTER 2 Central banking in EMU : legal , institutional and organisational aspects 2.1 The ECB , the ESCB and the Eurosystem 2.1.1 ESCB and Eurosystem as the organic link between the ECB and the NCBs 2.1.2 The ECB as a specialised organisation of Community law 2.1.3 The euro area NCBs as an integral part of the Eurosystem 2.1.4 The NCBs of the non-participating EU Member States 2.2 Objectives 2.2.1 The primary objective of price stability 2.2.2 The support of general economic policies 2.2.3 The principle of an open market economy 2.3 Assignment of tasks by the Treaty 2.3.1 Basic tasks of the Eurosystem 2.3.2 Other tasks 2.4 Centralised decision-making and operational decentralisation 2.5 The ECB 's role in the Eurosystem 2.5.1 Decision-making centre of the ESCB and the Eurosystem 2.5.2 Consistent implementation of policy decisions 2.5.3 The ECB 's regulatory powers 2.5.4 The ECB 's advisory activities 2.5.5 Monitoring compliance with the prohibition of monetary financing and privileged access 2.5.6 Performance of tasks taken over from the EMI 15 15 15 19 20 22 28 28 30 8 9 11 12