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NBS in the Eurosystem

The Eurosystem comprises the European Central Bank and the national central banks of the 20 countries that have adopted the euro. Národná banka Slovenska joined the Eurosystem upon entering the euro area on 1 January 2009.

The primary objective of the Eurosystem is to maintain price stability. At the same time, the Eurosystem seeks to preserve financial stability and promote financial integration in Europe.

Governing Council – the main decision-making body of the ECB. It is made up of the six members of the Executive Board and the Governors of the national central banks of the 20 euro area countries. The main tasks of the Governing Council are to adopt the guidelines and decisions necessary to ensure the fulfilment of the tasks entrusted to the ECB and the Eurosystem, to determine the monetary policy of the euro area and to take decisions in relation to the ECB’s new tasks and responsibilities in the field of banking supervision. The Governor of the NBS has been a member of the Governing Council of the ECB since the introduction of the euro in 2009.