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European Central Bank launches economic iPad game as euro crisis deepens

The European Central Bank has launched an iPad and iPhone game that allows the pubilc to take control of a monetary union and see how they would cope when faced with an economic crisis.

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€CONOMIA is a game
€CONOMIA is a game that explains, in a simplified way, how monetary policy works

It needs all the help it can get - and now the European Central Bank is inviting the public to take key economic decisions for themselves.

The Bank, now battling to save the euro, has produced a computer game in which players set interest rates to keep inflation low and growth steady.

Economia, where the first E is the euro symbol, was launched for iPad and iPhone in October 2011, just as the crisis facing the eurozone was deepening.

It is promoted with the line: "Will you be a hawk or a dove? Have you got what it takes to be among central banking's best?"

It is unclear how much the game cost to develop.

Sadly, sales of the game will not raise the billions needed to bail out bankrupt states - it is being given away free.