The ECB lies at the centre of the European System of Central Banks (ESCB) and the Eurosystem and has legal personality under Community law. It ensures that the tasks conferred upon the Eurosystem and the ESCB are implemented either by its own activities or those of the national central banks pursuant to the Statute of the European System of Central Banks and of the European Central Bank.
EUROPEAN CENTRAL BANK
Meaning of EUROPEAN CENTRAL BANK in English
European Central Bank English Glossary. Английский глоссарий Европейского Центрального Банка. 2012