German expert wants ECB rotation after enlargement

Membership of the European Central Bank's policymaking body should be rotated once the currency bloc is expanded, a member of the German government's council of independent advisers said in a newspaper on Feb 22, 2001.

Horst Siebert, also president of the Kiel-based World Economic Research Institute, also said candidate countries from central and eastern Europe should face additional economic criteria for joining the European Union, and ultimately, the euro zone.

"In the case of enlargement the