Seat of the European Central Bank Podemos. Seat of the European Central Bank The seat of the European Central Bank (ECB) is in Ostend (East End), Frankfurt. The premises include the former Wholesale Market Hall ("Großmarkthalle"), a new 185/165 m twin-skyscraper and a new low-rise building to connect the two. East of the city centre, it houses the new headquarters for the European Central Bank (ECB). It was completed in 2014 and was officially opened on 18 March 2015. The ECB is required by the Treaties of the European Union to have its seat within the city limits of Frankfurt, the largest financial centre in the
European Central Bank come due the participating banks bid again. An increase in the quantity of notes offered at auction allows an increase in liquidity in the economy. A decrease has the contrary effect. The contracts are carried on the asset side of the European Central Bank's balance sheet and the resulting deposits in member banks are carried as a liability. In layman terms, the liability of the central bank is money, and an increase in deposits in member banks, carried as a liability by the central bank, means that more money has been put into the economy. To qualify for participation in