Author (Corporate) | European Parliament: European Parliamentary Research Service |
---|---|
Series Title | At a Glance |
Series Details | January 2015 |
Publication Date | January 2015 |
Content Type | Journal | Series | Blog, Overview |
With Lithuania joining the euro area on 1 January 2015, the total number of states using the single currency reaches 19, consequently bringing about significant changes in the decision-making structures of the European Central Bank (ECB). In particular, there is a new rotation system for the votes of the national central bank governors sitting in the Bank’s Governing Council. The introduction of the new system comes at a time when financial markets are widely expecting the Governing Council meeting due to take place on 22 January – the first meeting concerning monetary policy decisions under the new rules – to make significant decisions with a view to further stimulus for economic growth. Written by Conall Devaney and Aidan Christie. |
|
Source Link | Link to Main Source http://www.europarl.europa.eu/EPRS/EPRS-AaG-545729-Changes-ECB-voting-rules-FINAL.pdf |
Related Links |
|
Subject Categories | Politics and International Relations |
Countries / Regions | Europe |