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ECB to house new SSM in old ‘Eurotower’

Euro sign, Frankfurt
The iconic 'euro' symbol outside the Eurotower

The European Central Bank (ECB) has revealed that its new supervisory staff will occupy its current headquarters, the ‘Eurotower', when the central bank assumes its role as the centre of the single supervisory mechanism (SSM) next year.

The ECB had originally planned to vacate the Eurotower when its new building is completed, but the plans for the building were finalised in 2007, before the ECB's central supervisory role was envisaged. The central bank now estimates that the supervision

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