Changes to the ECB's voting rules
At a Glance
21-01-2015
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.
At a Glance
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- America
- appointment of members
- BUSINESS AND COMPETITION
- economic geography
- EU institutions and European civil service
- euro area
- Europe
- European Central Bank
- European construction
- European System of Central Banks
- EUROPEAN UNION
- European Union law
- FINANCE
- financial institutions and credit
- financial management
- GEOGRAPHY
- intergovernmental cooperation (EU)
- Lithuania
- management
- monetary economics
- monetary relations
- political geography
- single monetary policy
- special-status institution
- Treaty on the Functioning of the EU
- United States