The Maastricht Treaty has made the European Central Bank

Question

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The Maastricht Treaty created the European Central Bank (ECB) as an independent institution with a mandate to maintain price stability within the Eurozone. This means the ECB is not dependent on the preferences or decisions of individual member states, nor is it dependent on the actions of other central banks like the Fed. The ECB's independence is meant to prevent political interference in its monetary policy decision-making.

The Maastricht Treaty Has Made the European Central Bank