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What is the role of the European Central Bank's Executive Board?

  • Making monetary policy decisions

  • Enforcing policies and decisions of the Governing Council

  • Issuing euro banknotes

  • Approving euro coin issuance

Answer

The Executive Board of the European Central Bank is responsible for enforcing the policies and decisions made by the Governing Council. It also oversees the day-to-day operations of the ECB and can direct the national central banks when necessary.
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