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Wim Duisenberg, first President of the ECB. The European Central Bank is the de facto successor of the European Monetary Institute (EMI). [7] The EMI was established at the start of the second stage of the EU's Economic and Monetary Union (EMU) to handle the transitional issues of states adopting the euro and prepare for the creation of the ECB and European System of Central Banks (ESCB). [7]
Topic 1 – Learners and teachers, and the teaching and learning context. Topic 1 has six syllabus content points: 1.1 Cultural, linguistic and education backgrounds; 1.2 Motivations for learning English as an adult; 1.3 Learning and teaching styles; 1.4 Contexts for learning and teaching English; 1.5 Varieties of English
The cognates in the table below share meanings in English and Spanish, but have different pronunciation. Some words entered Middle English and Early Modern Spanish indirectly and at different times. For example, a Latinate word might enter English by way of Old French, but enter Spanish directly from Latin. Such differences can introduce ...
In the English-language version of European Union legislation, the unit euro, without an s, is used for both singular and plural. However, the plural euros is also in everyday use. [ 18 ] Many style guides such as those from the Associated Press [ 19 ] and The Economist [ 20 ] specify the plural euros , and major dictionaries describe it as the ...
Test takers are asked to correctly complete the sentence by selecting the most appropriate word from four options. Reading comprehension of sentences and texts: 15: Question type 1: test takers are presented with one sentence, followed by a question concerning its meaning. Test takers must select the correct answer from four options.
Both of the latest bailout programme audit reports, released independently by the European Commission and IMF in June 2014, revealed that even after transfer of the scheduled bailout funds and full implementation of the agreed adjustment package in 2012, there was a new forecast financing gap of: €5.6bn in 2014, €12.3bn in 2015, and €0bn ...
In the United Kingdom, this often means endeavoring to help students get a score of 6 or above in the IELTS (International English Language Testing System) examination.In the US, this can mean helping students attain a score of 80 or greater on the TOEFL (Test of English as a Foreign Language) or more than 4 on the ITEP (International Test of English Proficiency).
Euro Zone inflation. The euro came into existence on 1 January 1999, although it had been a goal of the European Union (EU) and its predecessors since the 1960s. After tough negotiations, the Maastricht Treaty entered into force in 1993 with the goal of creating an economic and monetary union (EMU) by 1999 for all EU states except the UK and Denmark (even though Denmark has a fixed exchange ...