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In July 2010, a newspaper article describing a conference of central bankers being held in Germany contained the following: At times the meeting resembled a monetary policy confrontation, as leading economists and analysts attacked the [ECB] president, Jean-Claude Trichet, and other members of the governing board about their crisis management and even the viability of the euro.

a. What problems did the ECB encounter during the financial crisis and its aftermath that might lead to attacks on its leadership?

b. What is meant by the "viability of the euro"? Why might it be in question?

Financial Management, Finance

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