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I do not underestimate the amount of control they have. Their share in the bank was was determined in 1998 on the basis of the states' population and GDP, and
by shawn-butler 9y ago
I do not underestimate the amount of control they have.
Their share in the bank was was determined in 1998 on the basis of the states' population and GDP, and adjusted since.
Please by all means do me a favor and educate me on the amount of control a country like Slovenia exerts on ECB monetary policy with its 0.3% capital allocation?
- Retric 9y agoSlovenia can abandon the Euro at any time. This power sit's on top of any other they gain being part of the collective. Countries use the Euro because it's useful for them to use the Euro, if it's stops being useful they drop it.