- The current voting arrangement at the European Central Bank could change if Lithuania joins the Euro next year as the ECB’s “rotation system” will be triggered if the Euro zone adds one more member.
- When the number of euro-zone countries hits 19, the five largest economies in the bloc which are Germany, France, Italy, Spain and the Netherlands will be pooled together and will have a total of four votes between them, on a rotating basis.
Print 03:50, 26 Feb 2014 - Asian News - Source: ForexLive
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: