EMFRUN, Bernard <br/><br/>
La Banque de France et le système européen de banques centrales 

 - Paris :  IIAP,  oct./déc. 1999 
<br/><br/> The division of roles between national central banks and the European Central Bank follows the line of existing practices and seeks to optimise resources. It respects the principle of decentralisation which marks the European system of central banks. Applying the rule of subsidiary the Bank of France retains its direct link with national banking with economic actors are advantageous in permiting an exchange of information