Proper noun
ESCB
Initialism of European System of Central Banks.
Article 11.2 of the ESCB Statute The Executive Board normally meets every Tuesday. Source: Internet
Article 28.5 of the ESCB Statute The euro area NCBs were required to pay their respective subscriptions to the ECB's capital in full. Source: Internet
Article 28.4 of the ESCB Statute The NCBs are the sole subscribers to and holders of the capital of the ECB. Source: Internet
The authors thank members of the ESCB Working Group on Public Finance, Pablo Burriel, Bogdan Cozmanca, Christophe Kamps, Ricardo Mestre, Javier J. Pérez, Philipp Rother, João Sousa, Milan Vaňko and Isabel Vansteenkiste for their useful comments. Source: Internet