ECMstuurcommissie

The ECMstuurcommissie, or ECM Steering Committee, is a governing body responsible for overseeing the European Central Bank's (ECB) Economic and Monetary Committee (EMC). Established in 1998, the committee's primary function is to provide strategic guidance and policy recommendations to the ECB's Governing Council. It consists of representatives from the ECB, the European Commission, and the national central banks of the Eurozone member states.

The ECMstuurcommissie is chaired by the President of the ECB, who also serves as the chair of the EMC. The committee meets regularly to discuss economic developments, assess the economic outlook, and evaluate the effectiveness of monetary policy. It also reviews the ECB's annual work program and provides input on the bank's strategic objectives.

The committee's decisions are non-binding, but they carry significant weight due to the influential roles of its members. The ECMstuurcommissie plays a crucial role in shaping the ECB's monetary policy and ensuring that it remains responsive to the economic needs of the Eurozone. Its work helps to maintain the stability and integrity of the euro, as well as promote economic growth and price stability within the region.