Some weekend news indicates the German government sees Greek exit from euro as a manageable outcome
‘Manageable outcome’ …. Does that mean ‘We want to kick Greece out?’
I can think of a few billion reasons Germany might want Greece out … but is this one of them …
- the new voting rotation for ECB monetary policy meetings. …
- The rotation will start in January… although all governors will participate in them only 15 will be voting …
- The rule was to come into place when the governing council exceeded 18 members, which it will do when Lithuania join (which they did on January 1 2015)
- Germany will sit out the May & October 2015 meetings as well as March & August 2016
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Whaddya reckon? Am I onto something or do I get a tin hat for this theory?
