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g
Governing Council
Main decision-making body of the European Central Bank. It is comprised of the six members of the Executive Board and the governors of the national central banks of the euro area countries.
p
Potential growth
The rate of growth of gross domestic product (GDP) that an economy can theoretically achieve by fully utilising its production capacity without creating inflationary pressures.
c
Current account
Account recording a country’s main transactions with the rest of the world. The current account balance is the sum of the balance of trade in goods and services, and net transfers of primary and secondary income.
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