noun
European System of Central Banks; ESCB
Official name for the system comprising the European Central Bank and the national central banks of EU member states.
欧州中央銀行制度は、ユーロ圏の金融政策を担っている。
The European System of Central Banks is responsible for monetary policy in the euro area.
Refers specifically to the European Central Bank (ECB), the central institution within the ESCB.
Compound of 欧州 (Europe), 中央 (central), 銀行 (bank), and 制度 (system). A direct translation of the English term.