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ECB to change voting procedures from January

Brian Hayes MEP says he's asking for clarification on new voting procedures at the European Centr...
Newstalk
Newstalk

10.46 10 Aug 2014


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ECB to change voting procedure...

ECB to change voting procedures from January

Newstalk
Newstalk

10.46 10 Aug 2014


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Brian Hayes MEP says he's asking for clarification on new voting procedures at the European Central Bank.

Lithuania is due to enter the Eurozone in January, meaning a dilution in the available voting rights.

Currently it is one country to one vote, but as more nations join the Eurozone, a rotation is likely to come into effect for smaller countries.

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Brian Hayes says at the moment, it's not clear how it will affect Ireland:


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