ECB voting rights ‘rotation’ raises fears in Germany

EurActiv reported on the 18 June 2014 that Germany's Bundesbank might have to forego voting rights in the Council of the European Central Bank (ECB) every five months after Lithuania joined the euro zone, sparking warnings of "dangers for Germany” among conservatives.

ESO: Background information: Commission assesses eight EU countries’ readiness to join the euro area; proposes that Lithuania join in 2015 http://www.europeansources.info/record/press-release-commission-assesses-eight-eu-countries-readiness-to-join-the-euro-area-proposes-that-lithuania-join-in-2015/

ESO: Background information: Rotation of voting rights in the governing council of the ECB http://www.europeansources.info/record/rotation-of-voting-rights-in-the-governing-council-of-the-ecb/

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