The European Central Bank and the Interest Rate for Europe. This paper analyzes the economic impact of the Eurodollar and the European Central Bank in relation to the development of an interest rate for European economies. Described here as a "mega-bank," the European Central Bank is critically evaluated as a high-risk economic institution that is also suspect in advancing the eventual assimilation of independent European countries. 12 pgs. 10 sources. Pages: 12 Bibliography: 10 source(s) listed Filename: 11578 European Central Bank.doc Price: 107.40