Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
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.


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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