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Home › Eurosystem and ESCB › Institutional and organizational framework › Decision-making bodies of the ECB › The General Council

Decision-making bodies of the ECB

The General Council

The General Council is composed of the President and the Vice-President of the ECB and the governors of the NCBs of all EU Member States. It carries out those tasks taken over from the European Monetary Institute which still have to be performed by the ECB on account of the fact that not all of the Member States have adopted the euro. In particular, it performs functions of an advisory nature and coordinates policies aimed at supporting the convergence of the non-euro area EU countries.

The General Council generally meets once every three months. As a rule, it takes decisions by simple majority.

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