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submitted 5 months ago by neme@lemm.ee to c/europe@feddit.de
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[-] SuddenDownpour@sh.itjust.works 3 points 4 months ago

The Central European Bank is governed by the EU. During their debt restructuring negotiations from around a decade ago, Greece's government negotiated with the other EU governments, not with private banks.

[-] crispy_kilt@feddit.de 1 points 4 months ago* (last edited 4 months ago)

On paper yes. In reality it's governed by the largest banks. Which also have undue influence over national governments.

this post was submitted on 22 Jun 2024
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