Which of the following statements about the European financial crisis is FALSE?
A) Ireland's banks were recapitalized.
B) Interest rates in Greece returned to normal levels.
C) The European Central Bank prevented member nations from defaulting and pulling out of the Eurozone.
D) The European Central Bank has resolved all financial crises in its member nations.

Question

Quizplus · Accepted Answer

The European Central Bank has not resolved all financial crises in its member nations. While it has taken steps to prevent defaults and maintain stability, several member nations have still experienced ongoing financial challenges.

Which of the Following Statements About the European Financial Crisis