What is one of the main challenges faced by the ECB as discussed in the video?
Detained Latvian Central Bank Governor Denies Charges

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Business, Social Studies
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Expanding the eurozone
Ensuring the independence of national central banks
Managing inflation rates
Reducing interest rates
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What serious issue is the Latvian Central Bank facing?
Trade deficits
High unemployment
Bribery allegations
Currency devaluation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the ECB remaining silent on the bribery allegations?
Because it is not their responsibility
To conduct due diligence
Due to lack of evidence
To avoid media attention
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential consequence of the ECB's lack of control over national central bank appointments?
Stronger euro
Increased inflation
Reputational damage
Higher interest rates
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What concern does the ECB have regarding the Latvian financial system?
It will cause a recession
It could affect the entire eurozone
Issues might spill over borders
It might lead to a banking crisis
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