The Observatory of the European Central Bank (Observatorio del Banco Central Europeo, OBCE) is a non-profit association, headquartered in Madrid (Spain).

The OECB has two main objectives:

    •To provide a forum where the players involved in the Euro area policy-making (including officers of the ECB and other central banks and regulators, Euro-zone's civil servants, academics and researchers) can discuss issues related to the Euro area (monetary policy, exchange rate policy, systems of payments, banking supervision, the world monetary system, etc.)

    •To promote economic research on issues related to the Euro area.

The OBCE was founded in 1999 by:

•José Luis Alzola
•Guillermo de la Dehesa
•Juan José Dolado
•Juan Francisco Jimeno
•Félix López
•Inmaculada López
•Daniel Manzano
•Manuel Martín
•José Ignacio Navas
•Juan Pérez-Campanero
•Gonzalo Ramos
•Remedios Romeo
•Miguel Sebastián
•David Vegara
•Recoletos Compañía Editorial

Board of Directors

•Guillermo de la Dehesa (President)
•Inmaculada López (Vice-president)
•Manuel Martín (Vice-president)
•Jesús Martínez Vázquez (Vice-president)
•Miguel Sebastián