ECB agrees three-speed voting model

The ECB has addressed the problem of how votes will be allocated in an enlarged euro-zone. Their choice of model has been described as the "least worst" option and will limit the number of voting members to 21.

The European Central Bank has agreed on a "three speed" model for voting rights in its rate-setting governing council once the eurozone includes new members from eastern and central Europe.

The central bank's proposed reform, finalised last week, will cap the number of voting members at 21

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