European Central Bank

Type: Stockshots   Reference: 94200   Duration: 00:05:55  Lieu: Frankfurt am Main, Germany - ECB
End production: 05/09/2013   First transmission: 05/09/2013
The ECB is the central bank for Europe's single currency, the euro. The ECB’s main task is to maintain the euro's purchasing power and thus price stability in the euro area. The euro area comprises the 17 European Union countries that have introduced the euro since 1999. The European Central Bank and the national central banks together constitute the Euro system, the central banking system of the euro area. The main objective of the Euro system is to maintain price stability: safeguarding the value of the euro. The European Central Bank (ECB) is one of the seven institutions of the European Union (EU) listed in the Treaty on European Union (TEU). It is the central bank for the euro and administers the monetary policy of the 17 EU member states which constitute the Euro zone, one of the largest currency areas in the world. It is thus one of the world's most important central banks. The capital stock of the bank is owned by the central banks of all 28 EU member states. The bank was established by the Treaty of Amsterdam in 1998, and is headquartered in Frankfurt, Germany. The current President of the ECB is Mario Draghi, former governor of the Bank of Italy. The basic tasks of the ECB are to define and implement the monetary policy for the Eurozone, to conduct foreign exchange operations, to take care of the foreign reserves of the European System of Central Banks and to promote smooth operation of the financial market infrastructure under the TARGET2 payments system and the technical platform (currently being developed) for settlement of securities in Europe (TARGET2 Securities). Furthermore, it has the exclusive right to authorize the issuance of euro banknotes. Member states could issue euro coins, but the amount must be authorized by the ECB beforehand (upon the introduction of the euro, the ECB also had exclusive right to issue coins). The bank is based in Frankfurt, the largest financial centre in the Euro zone. Its location in the city is fixed by the Amsterdam Treaty along with other major institutions. The owners and shareholders of the European Central Bank are the central banks of the 28 member states of the EU. The ECB should not be confused with the European Investment Bank (EIB), the development bank owned by the EU member states.

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TIME DESCRIPTION DURATION
00:00:00 Title. 00:00:05
00:00:05 Exterior shots. Frankfurt. Germany.(6 shots) 00:00:21
00:00:26 Interior shots. Frankfurt. Germany. (9 shots) 00:00:53
00:01:19 Arrival of Mario Draghi (President of the ECB) at the Governing Council meeting of the ECB in Frankfurt (12/01/2012). 00:00:05
00:01:24 Roundtable with Vítor Constâncio (Vice-President of the ECB). 00:00:06
00:01:30 Roundtable with Mario Draghi (President of the ECB) and Jens Weidmann President (Deutsche Bundesbank). 00:00:07
00:01:37 Benoît Cœuré (Member of the Executive Board of the ECB). 00:00:06
00:01:43 General view of the meeting. 00:00:07
00:01:50 Arrival of Mario Draghi (President of the ECB) and Vítor Constâncio (Vice-President of the ECB) to the of the ECB in Frankfurt.(17/01/2012). 00:00:05
00:01:55 Mario Draghi (President of the ECB), Jörg Asmussen (Member of the Executive Board of the ECB) and Peter Praet (Member of the Executive Board of the ECB). 00:00:04
00:01:59 Vítor Constâncio (Vice-President of the ECB) and Benoît Cœuré (Member of the Executive Board of the ECB). 00:00:07
00:02:06 Arrival of Mario Draghi (President of the ECB) to the ECB press conference (3 shots). 00:00:26
00:02:32 Cutaway of journalists. 00:00:05
00:02:37 General view of the press conference. 00:00:06
00:02:43 Mario Draghi (President of the ECB) speaking. 00:00:05
00:02:48 Cutaway of journalists. 00:00:10
00:02:58 Mario Draghi (President of the ECB) and Vítor Constâncio (Vice-President of the ECB) at the press conference. 00:00:04
00:03:02 General view of the press conference. 00:00:04
00:03:06 Arrival of Mario Draghi (President of the ECB) to the Governing Council of the European Central Bank in Frankfurt. (06/09/2012) 00:00:08
00:03:14 Vítor Constâncio (Vice-President of the ECB). 00:00:05
00:03:19 Arrival of Jens Weidmann (President, Deutsche Bundesbank). 00:00:03
00:03:22 Jörg Asmussen (Member of the Executive Board of the ECB). 00:00:06
00:03:28 Yves Mersch (Governor of the Central Bank of Luxembourg). 00:00:07
00:03:35 Erkki Liikanen (Governor of the Bank of Finland). 00:00:05
00:03:40 Ignazio Visco (Governor of the Bank of Italy). 00:00:04
00:03:44 Mario Draghi (President of the ECB) in the meeting room. 00:00:08
00:03:52 Jean-Claude Juncker (former President of the Eurogroup), Jörg Asmussen (Member of the Executive Board of the ECB), Mario Draghi (President of the ECB). 00:00:08
00:04:00 Jörg Asmussen (Member of the Executive Board of the ECB) and Josef Bonnici (Governor of the Central Bank of Malta). 00:00:04
00:04:04 Wide shot of the round table. 00:00:11
00:04:15 Mario Draghi (President of the ECB) and Vítor Constâncio (Vice-President of the ECB). 00:00:04
00:04:19 Olli Rehn (European Commissioner for Economic and Monetary Affairs and the Euro and vice president of the European Commission). 00:00:07
00:04:26 Wide shot. 00:00:05
00:04:31 Group photo at the European Central Bank (ECB) Governing Council, in Brdo Congress Center in Slovenia. 04/10/2012 (6 shots). 00:00:38
00:05:09 Roundtable with Mario Draghi (President of the ECB). 00:00:04
00:05:13 Vitor Constâncio (Vice-President of the ECB). 00:00:05
00:05:18 Jens Weidmann (President, Deutsche Bundesbank). 00:00:05
00:05:23 Christian Noyer, (Governor of the Bank of France) and Peter Praet (Member of the Executive Board of the European Central Bank). 00:00:04
00:05:27 Vitor Constâncio (Vice-President of the ECB) and Mario Draghi (President of the ECB). 00:00:06
00:05:33 Marko Kranjec (Governor of the Bank of Slovenia). and Erkki Liikanen (Governor of the Bank of Finland). 00:00:12
00:05:45 45 General views of the meeting room (2 shots). 00:00:10
00:05:55 End. 00:00:00
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