The primary objective of the Eurosystem is the maintenance of price stability. The ECB's Governing Council considers that price stability is best maintained by aiming for 2% inflation over the medium term.
The Eurosystem monetary policy implementation is based on two principles:
- decisions are adopted by the ECB's Governing Council
- decisions are implemented by the NCBs of the Member States whose currency is the euro.
The CNB implements the Eurosystem monetary policy in the territory of the Republic of Croatia.