Glossary
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E Understanding the European Central Bank (ECB)
The European Central Bank (ECB) is an independent institution responsible for maintaining price stability and managing the monetary policy of the Eurozone, which consists of ...
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S Understanding the Schengen Area
The Schengen Area is a zone in Europe that consists of 26 European countries, where the free movement of people is permitted without the need ...
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C Understanding the Council of the European Union
The Council of the European Union, often referred to as the Council, is one of the EU's primary decision-making bodies. It represents the member states' ...
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E Understanding the European Commission
The European Commission is one of the key institutions of the EU, responsible for proposing and implementing legislation, enforcing EU treaties, and managing the day-to-day ...
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G Understanding the Governing Council
Governing councils are typically associated with central banks or other regulatory bodies. These councils consist of a group of individuals who are experts in economics, ...
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E Understanding the Eurozone
The Eurozone refers to a group of European Union (EU) member states that have adopted the euro as their official currency
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E Understanding the European Parliament
The European Parliament is one of the main institutions of the European Union (EU). Comprised of elected representatives from EU member states, the European Parliament ...
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E Understanding the Eurogroup
The Eurogroup consists of finance ministers from the member countries of the Eurozone, which encompasses 19 European Union (EU) member states that have adopted the ...
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E Understanding the European Union (EU)
The European Union (EU) is an institutional framework that facilitates cooperation and coordination among its member countries. It was established with the signing of the ...
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E Understanding the European Free Trade Association (EFTA)
EFTA is an intergovernmental organization that promotes free trade and economic cooperation among its member countries. It was established on January 4, 1960, with the ...
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J Understanding JOLTS – Job Openings and Labor Turnover Survey
The Job Openings and Labor Turnover Survey (JOLTS) is a monthly report released by the U.S. Bureau of Labor Statistics (BLS)
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I Understanding ISM Services PMI
The ISM Services PMI (Purchasing Managers' Index) is an economic indicator that measures the activity level of the services sector in the United States
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