European Parliament rejects ECB vote rotation idea

ECB and enlargement - 'No' to proposed changes. The Economic and Monetary Affairs Committee of the European Parliament on Monday March 10 rejected the ECB's proposal to reform the current voting system of its Governing Council.

Source: European Parliament

The Economic and Monetary Affairs Committee rejected a proposal coming from the ECB to replace the current voting system on the Board with a "rotation" system allocating each National Central Bank governor to one of three groups, reflecting the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.