Задание по английскому языку "True or False" Помогите пожалуйста!!!
Read the text and decide if the statements are true (T) or false (F).
The European Central Bank (ECB) is run by a six- member executives board
headed by ECB President and Vice-president. The four other members are in charge of
payment systems, banking supervision, international relations, organization, statistics,
banknotes and information systems.
The ECB took over from national central banks in setting interest rates from
January 1999. Interest rates are now set by the ESB’s governing council which consists
of the six-member executive board and the presidents of the national central banks of
the participant countries.
The all-powerful council will ensure the continued influence of national central
banks in the decision-making process. The majority of the presidents of the NCBs
versus the six ECB ‘insiders’ will ensure that national interests will not be ignored
under EMU.
Some critics have argued that this could give rise to a potentially destabilizing
situation. The ECB’s legal mandate is to pursue monetary policy with a view to the
whole of the EMU area and without favouring one country over another. Yet if several
national central bank presidents were to form voting pacts, they could in theory
outmanoeuvre the six executives.
Compared to the national central banks, the ECB will be relatively small. While
the Bank of France and the Bundesbank each employ more than 10,000 staff, the ECB
will have to do with only 500 employees. The comparison is not entirely fair because
the ECB’s staff will be primarily engaged in research, security and payments systems,
while most of the staff at NCBs are involved in areas such as logistics and
administration. Because the national central banks will remain large and important, the
transition to the new regime will not mark a sudden shift. The Bundesbank will continue
to exist and fulfil all its current functions except setting interest rates.
1. The European Central Bank’s operations completely substitute the
performance of national banks.
2. The ECB comprises a wide range of systems including payment, control,
information, etc.
3. Interest rates set by the ECB strongly correspond with national banks’
interests.
4. National central banks’ interests won’t be taken into account by ECB.
5. The process of decision making on the part of ECB is free fromNCB.
6. The ECB is much larger and more important than NC Banks.
7. The ECB mustn’t favour one country over another.
8. Functions of the ECB and national central banks are different.
9. The ECB’s legal mandate is to distinguish one country from another one.
10. The necessity for the transition to the new regime within the European
banking is sharp that leads to undertaking urgent measures.