Which of the following is the purpose of creating Eurozone Financial Stability Facility (EFSF) created by European Union (EU) ?

To ensure that the EURO does not get depreciated against pound sterling and/or yen

To provide financial aid to member countries in case of crisis

To ensure that no non-euro member country enters into any currency swap agreement with euro members.

To ensure that there is no shortage of essential goods and food products in euro zone countries.

To pressurise UK to adopt Euro as its official currency

Which of the following is the purpose of creating Eurozone Financial S

1.	Which of the following is the purpose of creating Eurozone Financial Stability Facility (EFSF) created by European Union (EU) ?
A.	To provide financial aid to member countries in case of crisis
B.	To ensure that the EURO does not get depreciated against pound sterling and/or yen
C.	To ensure that no non-euro member country enters into any currency swap agreement with euro members.
D.	To ensure that there is no shortage of essential goods and food products in euro zone countries.
E.	To pressurise UK to adopt Euro as its official currency
Answer» B. To ensure that the EURO does not get depreciated against pound sterling and/or yen

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Which of the following is the purpose of creating Eurozone Financial Stability Facility (EFSF) created by European Union (EU) ?

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