UNIT 7
The European Central bank
VOCABULARY
Public nance (n)
State bank – Central bank – Na$onal Bank
Policy
System (n):
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VOCABULARY
Foreign exchange rate$%
&
'
ESCB()"*+,ECB-().+/0NCBs
-*+/
Bank President %1
2*+
VOCABULARY
Execu$ve board#3%4,&)')
Rela$on(/5)
!5)5)6
Supervision5)
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7)'-'/
8)'-9/
Organiza$on-/:;
Sta$s$cs-/+<=)+<
VOCABULARY
7of-'/,)in*4
7'-'/
7-'/,9
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!A)-9/
7,+
7,D%:=)E%:
European Central Bank’s organiza$onal structure
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2!(F(8!G(H7
(.(F
(.(F (.(F
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PAYMENT SYSTEM, BANKING SUPERVISION, INTERNATIONAL RELATIONS, ORGANIZATIONS,
STATISTICS, BANKNOTES, INFORMATION SYSTEM