European Central Bank

Where is the headquarters of the ECB located?

• Brussels

• Frankfurt

• Paris

• Strasbourg

• Luxembourg City

Who is the current President of the ECB?

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Name a EU country (NOT Romania) that doesn't use the EURO:

(a)  

What is the main decision-making body of the ECB?

• Governing Council

• General Council

• Supervisory Board

• Central Commission

• The Bureau

When did euro banknotes and coins become the only legal tender in the eurozone?

(a)  

What is a key function of the ECB’s monetary policy?

• Regulates national taxation

• Controls inflation and price stability

• Approves government spending

• Manages EU trade agreements

• Issues EURO coins

Name a non-EU country that uses the euro through a formal agreement with the EU?

(a)  

Which of the following institutions officially proposes new eurozone members?

• International Monetary Fund

• Council of the EU

• European Council

• European Parliament

• European Commission

What is the maximum allowed government budget deficit and public debt for a country to join the eurozone?

• 5% of GDP & 40% public debt

• 1% of GDP & 80% public debt

• 4% of GDP & 70% public debt

• 3% of GDP & 60% public debt

• 2% of GDP & 50% public debt

Name the country that is part of ERM II, but not part of the Eurozone

(a)