Ch.4 EU Agencies Fact
Question
Name the basic tasks of the Eurosystem.
Tap to reveal answer
Answer
Define/implement euro-area monetary policy; hold & manage FX reserves; conduct FX operations; promote smooth payment systems; authorise euro banknote issuance.
💡
Monetary policy for the euro is an EXCLUSIVE EU competence (Art. 3(1)(c) TFEU).
EU history & treaties (EUR-Lex / european-union.europa.eu)
Listen to this card
(beta)
Learn more