Seating arrangement dispute

At the first meeting of the European Central Bank in 1998, all members of the Governing Council wore name badges labeled with their national origin; members from the Executive Board and the national central banks also sat separately by country. The then President of the Deutsche Bundesbank, Hans Tietmeyer, succeeded in getting the first President of the ECB, Wim Duisenberg, to change this immediately. As early as the second meeting, the seating arrangement was changed so that members were seated in the letter order of their surname and any national designation was dispensed with. This was intended to reflect the fact that the individual personalities did not feel themselves to be representatives of their domestic central banks, but rather Europeans and decision-makers with responsibility for the euro area as a whole. – See Becket Effect, One-Vote Principle, ECB Minutes, Publication, Southern Front.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
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