SUBSCRIBERS

ECB revises its meeting schedules, introduces voting rotation system

Council to met every 6 weeks instead of monthly; changes for more open communication and less frequent decisions

Fri, Jan 09, 2015 - 5:50 AM

The ECB will, for the first time, publish accounts of its monetary-policy meetings, as is done by the central banks of the US, the UK and Japan.

PHOTO: AFP

Frankfurt

THE European Central Bank (ECB) was originally scheduled to announce its first monetary-policy decision of 2015 on Thursday, followed by president Mario Draghi's regular press conference. Instead, it's embarking on a new era of less frequent decisions and more transparent...