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The Cypriot central banker reshuffle does not seem to have been challenged in the Court.

For that matter, I'm not totally convinced that the powers that be want the Court to be looking too closely at their - uh - creative interpretation of the treaties.

I guess in the final extremity, you could always get a few pictures of the outgoing central banker with his favourite hooker and resign him instead of firing him.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri May 4th, 2012 at 10:40:42 AM EST
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JakeS:
The Cypriot central banker reshuffle does not seem to have been challenged in the Court.

I thought - but have no other source then the wording - that the term was up. If I remember EMU rules correctly its a six year term and appointment is by the parliament-appointed CB board. Firing a CB board member during the term can be challenged in national court and firing the boss can be challenged in the Court. Can't find a source right now.

JakeS:

For that matter, I'm not totally convinced that the powers that be want the Court to be looking too closely at their - uh - creative interpretation of the treaties.

Yes, firing for subverting EMU treaties with respect to other goals then price stability and using ECB to subvert other EU-treaties, would make a court hearing an interesting spectacle.

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by A swedish kind of death on Sat May 5th, 2012 at 04:58:07 AM EST
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