Statistics for economic and monetary union

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An earlier book, "The development of statistics for Economic and Monetary Union" published by the ECB in July 2004, described the statistical preparations for monetary union between adoption of the Treaty on European Union (Maastricht Treaty) in 1992 and the start of monetary union in 1999, and the subsequent work carried out over the following four years or so. This book continues the story to the end of 2012 and indeed beyond in some chapters, given the importance of recent events. It covers, broadly speaking, ECB (or ESCB or Eurosystem) statistics, that is the areas for which the ECB and national central banks (NCBs) are responsible at European level, or share responsibility with the European Commission ( Eurostat). These areas are monetary and other financial statistics, including data relating to financial institutions and financial markets; the balance of payments, international investment position and related statistics; and integrated economic and financial accounts for institutional sectors, jointly developed and compiled by the ECB and Eurostat.