From conception to daily operations, the European Central Bank serves as the operational monetary and currency policy pillar of the European Economic and Monetary Union, a subject of countless controversies. In addition to technical disputes, political debates currently enjoy significant media attention. Given its significant importance and the ongoing disputes, this book aims to examine whether the common European monetary and currency policy has been able to write a success story thus far. To this end, the ECB itself and its work since the introduction of the common currency in 2002 will be put to the test. The brief institutional considerations will initially provide a historical and legal context alongside the organizational structure. In examining the objectives and action strategies,.